Search
PSBs Suffer Rs. 87,000 cr Loss in FY18
June 12, 2018
Photo credit: kenteegardin on Visual Hunt / CC BY-SA
Out of the total 21 public sector banks (PSBs), 19 reported a total loss of Rs. 87,357 crores during financial year 2017-18. The hardest hit was taken by Punjab National Bank (PNB) which alone suffered a loss of Rs. 12,283 crores.
Save for Vijaya Bank and Indian bank which reported profits of Rs. 727 crores and Rs. 1,258 crores during FY18 respectively, all the PSBs reported their revenue in the red.
The highest loss was reported by PNB followed by IDBI which reported a loss of Rs. 8,237.93 crores.
Important Links:
- MBA from ARU, Anglia Ruskin University (UK): https://new.ask.careers/courses/mba-from-uk-university/
- Post Graduate Diploma in Banking & Finance: https://new.ask.careers/courses/post-graduate-diploma-in-banking-finance/
- 4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI): https://new.ask.careers/courses/professional-diploma-in-banking-management/
- Mumbai: https://new.ask.careers/cities/mumbai/
- Lonavala: https://new.ask.careers/cities/lonavala/
- Ahmedabad: https://new.ask.careers/cities/ahmedabad/
- Vadodara: https://new.ask.careers/cities/vadodara/
- TSCFM: https://new.ask.careers/institutes/tscfm/
Tags:
Current AffairsCourses
-
testssd
-
testssd
-
testssd
-
testssd
-
testssd
-
Sage Foundation - Professional Diploma in Banking
-
Banking course + Job
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
3-in-1-management-program
-
MBA from HSNC University (Mumbai, India)
-
BBA from UK University
-
MBA for Executives
-
Certificate in Business English
-
Professional Diploma in Photography
-
Professional Diploma in Real Estate Management
-
Professional Diploma in Digital Marketing
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
Post Graduate Diploma in Integrated Marketing, Advertising & Communication
-
Post Graduate Diploma in Digital Marketing
-
Post Graduate Diploma in Banking & Finance
-
MBA from ARU, Anglia Ruskin University (UK)
