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Home Co-op News Snippets

DCCBs of Marathwada in trouble

Parasnath by Parasnath
February 23, 2022
in Co-op News Snippets
0
DCCBs of Marathwada in trouble
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Scores of district central cooperative banks in the Marathwada region of Maharashtra are beset with serious financial problems, reports Indian Express.

It is said one of the reasons for their crisis is a significant drop in their business.Massive loan defaults have also seriously affected the banks in the region.

As per the latest data, the average NPA percentage in the banks of the region is as high as 19.

 

Tags: bankcooperativeMarathwadaNPA
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