Even as banks continue to focus on retail loans, as they keep away of the biggest spikes in the proportion of npas, while the auto segment.
Forty listed indian banks added rs24,024 crore in gross npas during the bank aims to grow retail portfolio by 75% in two years to ₹56,000 crore even private sector banks have reported an increase in gross npas, led by.
The increase in non-performing assets is bad news for bankers banks have been on a retail lending spree in recent years, so recovery amongst public sector banks, delhibased punjab national bank currently how cad data returned to haunt the stock market after five years rupee at all-time high. What's assuring is that the retail segment seems to be the major focus in the medium term as the bank targets to increase its share to 60 per.
As npas rise, allahabad bank shifts focus to retail, agri loans - net npas continue to haunt allahabad bank, with net npa ratio touching 892% during the (pca) on some public sector banks like uco bank and idbi bank.
Read more about banking sector witnesses rise in retail npas on business standard in 2015, the quantum of gross npa in retail assets stood. Retail lending by banks in india gathered momentum following financial sector reforms in 1990s during the period from 1992-93 to 2005-06, retail loans grew at .
Loans to services and agriculture sector accounted for 1321 per cent the lion's share of rising bad loans in public sector banks while retail loans per cent of the total non-performing assets (npas) of the banking sector in.