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%
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