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Why Street looked past IDBI Bank's NPA divergence

With gross bad loan ratio already over 21%, analysts say situation can't get worse

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Idbi Bank

Hamsini Karthik 



IDBI

On May 13, when the Street came to know that YES Bank’s non-performing assets (NPA) figure for FY16 was higher from the Reserve Bank of India’s (RBI) assessment, the bank’s stock plunged 6 per cent. Axis Bank and ICICI Bank stocks had also taken a beating for this reason.

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First Published: Thu, July 13 2017. 00:25 IST

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