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More banks could disclose divergence, 3 PSU banks report
TIWN
TIWN
PHOTO : TIWN
New Delhi, Nov 2 (TIWN) Within days of market regulator asking the listed PSU banks to report divergence in NPAs as estimated by them and RBI immediately to the bourses, three banks -- Indian Bank, Union Bank and Uco Bank have done so and more could follow suit.
SBI had on Thursday directed all listed lenders to make disclosures on divergences and provisioning within a day of receipt of the RBI's final risk assessment report (RAR).
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