United Bank Expects Gross NPA To Be Near 9%, Net NPA Near 5% By FY20-End
  • WebDesk BTVI
  • Jul 31 2019

United Bank of India posted a net profit of Rs 105 crore for the June quarter, against a net loss of Rs 389 crore during the year-ago period. Speaking to BTVI, the bank's MD and CEO Ashok Kumar Pradhan, said slippages have come down considerably in Q1. He expects the gross NPA to be near 9 per cent and net NPA near 5 per cent by FY20-end. Here's more.