Gross NPAs News
The government in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks over the next two years.
Total income in the June quarter was Rs 6,730.88 crore, down from Rs 8,219.43 crore a year earlier, it said in a regulatory filing.
Investors continued to desert state -run lenders with stocks plunging by up to 11 percent Thursday amid concerns over mounting bad loans and disappointing earnings reported by them.
The gross NPAs of state-run lenders stood at 4.72 percent of total advances at the end of March 2014.
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