Banking and finance sector is the worst performer in recent months and there are high chances that it will continue to do so. There could be multiple reasons for same including defaults in payments and slow credit growth
Below is the list of Public and private sector banks with NIM, Net NPA %and Gross NPA% as of 17th April 2020. It may help you to make an investment decision more prudently. Don’t forget to consult your financial adviser before doing so.
Given a choice based on this data, the below banks seems better than other banks on certain criteria.
- HDFC Bank
- Kotak Bank
- Bandhan Bank
- Indusind Bank
- IDFC First and
- City Union Bank
- State Bank of India (only one from Public Banks list)
Be aware that these NPA numbers has a high probability of increase in next two quarters.
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