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United Bank occupies the 1st place in unrealised loans!!
Posted on: 29/Jun/2015 4:50:22 PM
United Bank of India occupies the 1st place in the list of nationalised banks in respect of unrealised loans and loan-reorganisation.
As per the report released by Reserve Bank of India, United Bank of India has a 21.50% of unrealised loans problems on hand. These are categorised as unrealised loans or under loan-reorganisation scheme.
Central Bank of India is in the 2nd place with 21.30%.
Indian Overseas Bank is in the 3rd place with 19.40%.
Punjab & Sind Bank occupies the 4th place at 18.74%.
Punjab National Bank is in the 5th place with 17.94%.
These are the statistics as per March 2015. Other banks like State Bank of Patiala, Allahabad Bank, Oriental Bank of Commerce, UCO Bank, and Dena Bank have the unrealised loans problem at above 15%.
The total unrealised loans in nationalised banks amount to Rs. 255180 Crores.
Out of this, 30 companies stand to have unpaid loans of Rs. 93769 Crores.
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