PSU Bank Stocks: SBI, Bank of Baroda among 6 banks with highest NPA – NPA Watch

PSU Bank Stocks: SBI, Bank of Baroda among 6 banks with highest NPA – NPA Watch

Apr 17, 2024, 11:55:20 AM ISTA non-performing asset (NPA) is a loan or advance for which the principal or interest payment has remained overdue for a period of 90 days or more. According to data from Trendlyne, SBI, Bank of Baroda, and PNB are among the 6 PSU banks that reported the highest NPAs in Q3 of FY24. Here’s the list:AgenciesThe net NPA of Bank of India stood at 1.41% in Q3FY24, which is the highest among PSU Banks. The PE ratio of the stock is 9.66. Bank of India has a market cap of Rs 61,870 crore.IANSUnion Bank of India reported a net NPA of 1.08% in Q3FY24. The PE ratio of the stock is 7.74. The firm’s market cap is at Rs 1,02,773 crore.Agencies4/7​Punjab National…
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Source: https://economictimes.indiatimes.com/markets/stocks/news/psu-bank-stocks-sbi-bank-of-baroda-among-6-banks-with-highest-npa/npa-watch/slideshow/109365380.cms?from=mdr