Lower bad loans push PSU banks' profitability in June quarter

In the June quarter, Bank of Maharashtra (BoM) and State Bank of India (SBI) were in the lowest quartile as far as Gross Non Performing Assets (NPAs) and net NPAs were concerned, according to an analysis of the quarterly financial numbers published by the public sector lenders.

from Banking/Finance-Industry-Economic Times https://ift.tt/HuSZUbO