Kumari Palany & Co

Unrealised loans for banks will continue to increase in the coming 5 months!

Posted on: 05/Nov/2014 2:21:59 PM
The total amount of unrealised loans given by the banks on various cadres stands at Rs. 6 Lakh Crores!

Out of this, a 45% of Rs. 2.55 Lakh Crores are unrealised loans to be collected.  The rest amounts to the debts under the resettled plan.

In the prevailing conditions, it is expected that these unrealised loans will increase by Rs. 60000 Crores to Rs. 1 Lakh Crores.