<p class="bodytext">As many as 1,463 entities account for bad loans of Rs 100 crore or more in 21 public sector banks (PSBs), Finance Ministry data showed.</p>.<p class="bodytext">In State Bank of India (SBI) alone, 265 accounts had bad loans of more than Rs 100 crore each, totaling Rs 77,538 crore, at the end of the September quarter.</p>.<p class="bodytext">Among the nationalised banks, Punjab National Bank topped the chart with 143 non-performing asset (NPA) accounts carrying over Rs 100 crore each. They collectively owed the Delhi-headquartered bank Rs 45,973 crore.</p>.<p class="bodytext">PNB was followed by Canara Bank with maximum number of accounts with NPAs of more than Rs 100 crore.</p>.<p class="bodytext">Among smaller PSU lenders, Union Bank had 79 such accounts, Oriental Bank 68 and UCO Bank 62, the Finance Ministry data revealed.</p>.<p class="bodytext">Gross non-performing assets of state-owned banks stood at Rs 7.34 lakh crore by the end of second quarter this fiscal.</p>.<p class="bodytext">The RBI has issued directions to certain banks for referring 12 accounts, with fund and non-fund-based outstanding amount greater than Rs 5,000 crore, and with 60% or more classified as non-performing as of March 31, 2016, to initiate insolvency process under the Insolvency and Bankruptcy Code, 2016.</p>.<p class="bodytext">Rising NPAs have curtailed the lending capacity of state-owned banks as they have make extra provisions for bad loans.</p>.<p class="bodytext">In order to strengthen them, the government has come out with a Rs 2.12 lakh crore recapitalisation plan and has already taken Parliament's approval to pump in Rs 80,000 crore through recapitalisation bonds in the current fiscal ending March, 2018.</p>
<p class="bodytext">As many as 1,463 entities account for bad loans of Rs 100 crore or more in 21 public sector banks (PSBs), Finance Ministry data showed.</p>.<p class="bodytext">In State Bank of India (SBI) alone, 265 accounts had bad loans of more than Rs 100 crore each, totaling Rs 77,538 crore, at the end of the September quarter.</p>.<p class="bodytext">Among the nationalised banks, Punjab National Bank topped the chart with 143 non-performing asset (NPA) accounts carrying over Rs 100 crore each. They collectively owed the Delhi-headquartered bank Rs 45,973 crore.</p>.<p class="bodytext">PNB was followed by Canara Bank with maximum number of accounts with NPAs of more than Rs 100 crore.</p>.<p class="bodytext">Among smaller PSU lenders, Union Bank had 79 such accounts, Oriental Bank 68 and UCO Bank 62, the Finance Ministry data revealed.</p>.<p class="bodytext">Gross non-performing assets of state-owned banks stood at Rs 7.34 lakh crore by the end of second quarter this fiscal.</p>.<p class="bodytext">The RBI has issued directions to certain banks for referring 12 accounts, with fund and non-fund-based outstanding amount greater than Rs 5,000 crore, and with 60% or more classified as non-performing as of March 31, 2016, to initiate insolvency process under the Insolvency and Bankruptcy Code, 2016.</p>.<p class="bodytext">Rising NPAs have curtailed the lending capacity of state-owned banks as they have make extra provisions for bad loans.</p>.<p class="bodytext">In order to strengthen them, the government has come out with a Rs 2.12 lakh crore recapitalisation plan and has already taken Parliament's approval to pump in Rs 80,000 crore through recapitalisation bonds in the current fiscal ending March, 2018.</p>