
The data available on Trendlyne indicates that several PSU banks have reported high NPAs, including State Bank of India (SBI), Bank of Baroda, and Punjab National Bank (PNB). A non-performing asset (NPA) is a loan or advance for which the principal or interest payment has remained overdue for a period of 90 days or more.
Among these banks, Bank of India reported the highest net NPA of 1.41% in Q3FY24, with a PE ratio of 9.66 and a market cap of Rs 61,870 crore. Union Bank of India reported a net NPA of 1.08% in the same quarter, with a PE ratio of 7.74 and a market cap of Rs 1,02,773 crore. Punjab National Bank (PNB) reported a net NPA of 0.96% in Q3FY24, with a PE ratio of 17.76 and a market cap of Rs 1,35,490 crore.
Bank of Baroda had a net NPA ratio of 0.7% in the December quarter of FY24, with a PE ratio of 7.3 and a market cap of Rs 1,38,153 crore. State Bank of India (SBI) reported a net NPA ratio of 0.64% in Q3FY24, with a PE ratio of 10.26 and a market cap of Rs 6,65,731 crore. Indian Overseas Bank reported a net NPA of 0.62% in the December quarter of FY24, with a PE ratio of 50.36 and a market cap of Rs 1,26,457 crore.
It is important to note that these figures are specific to the mentioned quarters and may change over time. NPAs can have varying impacts on banks, affecting their income, profitability, lending capacity, and risk profile. The government and the Reserve Bank of India take measures to manage and reduce NPAs in the banking sector.