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Operational profit of PSBs up by 11.5%

Operational profit of Public Sector Banks (PSBs) have risen by 11.5% and losses have fallen by 73.5% in Q1 of 2018-19. Assets worth Rs 36.551 Crore were recovered by these banks during the said period. According to information, Asset Quality has been addressed through falling NPA slippage.

By Whispers in the Corridors 1 min read

Operational profit of Public Sector Banks (PSBs) have risen by 11.5% and losses have fallen by 73.5% in Q1 of 2018-19. Assets worth Rs 36.551 Crore were recovered by these banks during the said period. According to information, Asset Quality has been addressed through falling NPA slippage.

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