SBI chief discusses NPA issue with Bank Board Bureau

State Bank of India Chief Arundhati Bhattacharya today said the lender has discussed various issues including bad loans with the Bank Board Bureau (BBB).
"We discussed standard things like HR issues, board vacancies, NPAs. These are the sort of things we discussed," she said after the meeting with BBB headed by former CAG Vinod Rai here.
As of December, the SBI's portfolio quality declined with gross NPAs at 5.10 per cent of gross advances as against 4.90 per cent a year ago.
The gross Non-performing Assets (NPAs) in absolute terms, which represent portion of bad loans, stood at Rs 72,791.73 crore at the end of December, up from Rs 61,991.45 crore in the year ago period.

The bureau was constituted earlier this year to help the government select heads of public sector banks and financial institutions and assist banks in developing strategies with regard to capital-raising and consolidation.
Besides chairman, the Bureau has three ex-officio members and an equal number of expert members.
Expert members are ICICI Bank's former joint managing director H N Sinor, Bank of Baroda's former CMD Anil K Khandelwal and rating agency Crisil's ex-chief Rupa Kudwa.
Its ex-officio members are Secretary, Department of Public Enterprises, Financial Services Secretary and RBI Deputy Governor.