Provisioning For Stressed Loans

The RBI found some banks charging customers interest on loans before the money was even given to them.

The provisions and contingencies were up by 166 per cent at Rs 1,964 crore in Q2FY21 from Rs 737 crore in Q2FY20

On a consolidated basis, its profit stood at Rs 130.44 crore, compared to Rs 115.15 crore in the year-ago period

Pre-tax profit of the bank in Q1FY21 stood at Rs 735 crore

Gross NPAs of PSBs, as on March, 2015, stood at Rs 2.67 trillion and increased to Rs 6.89 trillion as on June, 2017