Vijaya Bank has just a while ago informed in a flash to the BSE that it is witnessing increased defaults in Home Loans due to rising EMIs. The NPAs of Vijaya Bank in the second quarter jumped 131% to Rs 268 crore, against Rs 116 crore in the same period last year.Retail loan portfolio is 25% of Vijaya Bank's books at Rs 9,000 crore. The Bank has said that it will continue to lend but very cautiously and try to negotiate with defaulters to make them regular customers.
Which Bank of Financial institution is next in the Queue ? ICICI or SBI ?
No comments:
Post a Comment