India Earnings season - The PSU Non Performing Asset shock (September 2011/ H1 2012)

Monday, October 24, 2011

PSU Banks start shocking NPA stream?

Union Bank just broke the bandwidth of the ticker down with a Net Profit of INR350 crs , 30% lower than expectations as Gross NPAs rose from 2.7% to 3.4% 

Net NPAs have doubled in rate to 2.04%


 

Posted via email from The investment blog on Post

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