NPA provisioning moderates in Q2 driven by PSU banks
- Posted on November 20, 2024
- By Business News Today
- 3 Views
NPA provisioning moderates in Q2 driven by PSU banks
Public sector banks led a decline in bad loan provisions for the second consecutive quarter, with provisions falling 2.9% to ₹27,318.2 crore in the September quarter. This decline was driven by PSBs like Punjab National Bank and Central Bank of India, while private sector banks saw a 12.5% increase in provisioning.
