7 banks that saw an increase in bad debts in the first quarter of fiscal 22 and a decline in stock prices
By Aditya Raghunath
Investing.com – A number of banks have released figures for the first quarter of FY22. A recurring theme in all of their income has been the increase in the percentage of bad debts. Here are seven banks where NPAs (non-performing assets) have risen and stock prices have fallen in the past month:
- National Bank of Punjab (NOT. 🙂
Gross NPA: 14.33% compared to 14.12% in the March 2021 quarter.
Share price in the past month: Down 4.61%, to Rs 40.35 at the time of this report.
- Bandhan Bank Ltd (NOT. 🙂
Gross NPA: 8.2% compared to 6.8% in the March 2021 quarter.
Share price: down 7.41%, currently at Rs 298.65.
- South Indian Bank Ltd. (NOT. 🙂
Gross NPA: 8% compared to 7% in the March 2021 quarter.
Share price: down 16.41%, currently at Rs 10.7.
- RBL Bank SA (NOT. 🙂
Gross NPA: 4.99% compared to 4.34% in the March 2021 quarter.
Share price: Decreased 12.16%, currently at Rs 187.85.
- Kotak Mahindra Bank Ltd. (NOT. 🙂
Gross NPA: 3.6% compared to 3.3% in the March 2021 quarter.
Share price: Down 3.63%, currently at Rs 1,668.2.
- IndusInd Bank Ltd. (NOT. 🙂
Gross NPA: 2.9% compared to 2.7% in the March 2021 quarter.
Share price: Decreased 1.24%, currently at Rs 1,007.85.
- HDFC SA Bank (NOT. 🙂
Gross NPA: 1.5% compared to 1.3% in the March 2021 quarter.
Share price: Down 4.71%, currently at Rs 1,424.95.
