SBI under-reported bad loans by RS 11,932 crore in FY19, finds RBI report

The Economic Times
Published on: Dec 11, 2019
175 views

New Delhi: The country's largest lender State Bank of India (SBINSE -1.04 %) on Tuesday reported about Rs 12,000 crore divergence in their bad loans for the last fiscal.As per the assessment done by the RBI, the gross NPA of SBI was Rs 11,932 crore more at Rs 1,84,682 crore as against Rs 1,72,750 crore reported by the bank for 2018-19, SBI said in a regulatory filing.

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