The macro environment has been hostile to the banks in the first three quarters of 2011-12. Elevated interest rates in an atmosphere of slowing economic growth have lead to pressure on asset quality on the one hand and higher provisioning on the investment portfolio on the other. How have the nationalised banks performed in this difficult milieu? In this article we consider the performance of nationalised banks (NBs) as a group which account for 50 per cent of the assets of the banking sector in India. To have a comparative sense of the performance across NBs, we consider two categories of them based on their business mix.
Source: The Hindu Business Line
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