SBI Results State Bank Of India Results

Bad loans ( NPAs ) of banks after a falling meteor . The country's largest bank, State Bank of India ( SBI) has lost its ' profits . Due to higher provisions for NPAs of the current fiscal year July-September quarter , SBI 's profits fell 33 per cent .
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Before PNB , Vijaya Bank , including benefits almost six state-owned banks is also reduced because of the increased NPAs . In the second quarter of the current financial year , SBI 's net profit of Rs 3072.77 crore . 4574.11 crore in the same period last year the amount was Rs . The real reason for this decline NPA provision of Rs 2645 crore .
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If customers do not return the loan on time after a certain period is put into NPAs . The NPA amount equal to a portion of their profits to banks require adjustments . SBI 's gross NPA has increased by 5.64 per cent . NPAs in the banking industry for more than 3.5 per cent is considered dangerous .
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It has been said that the NPA granted to rise steadily decreases so will the capital base of banks and the central government will have to compensate .
The government last four years consecutive state banks , giving a sum of Rs 15,000 to 20,000 . Rs 14,000 crore during the current financial year they are given . Between 2010 and 2013, 95 per cent of the banks , the government is needed . Basil -3 standard to apply in the next few years these banks need more funds . Then the growing problem of NPAs granted the government may pay too much .