State-owned Corporation Bank is looking to complete the sale of a basket of non-performing loans totaling Rs 400 crore by January. The bank hopes to complete the sale of NPAs by late-December or latest by January. It has already received offers from consultants, after which a consultant will be appointed to manage the NPA sale process.
Corporation Bank’s net non-performing assets, as on September 30, were at 0.39 per cent of total loans, up from 0.29 per cent a year ago. Gross NPAs were at 1.18 per cent.
| Company Name | CMP |
|---|---|
| SBI | 1000.65 |
| PNB | 106.25 |
| Bank Of Baroda | 267.35 |
| Canara Bank | 131.55 |
| Union Bank Of India | 164.55 |
| View more.. | |
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