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Dabhol turns NPA in SBI's books too

State Bank of India has treated the loan given to Ratnagiri Gas and Power (earlier called Dabhol Power Company) as a non performing asset (NPA), following the Reserve Bank of India’s advice to all lenders to the project to use prudential asset-classification norms. The bank saw its gross NPAs rise to Rs 15,588 crore at the end of March 2009 from Rs 12,837 crore a year ago. Domestic NPA   read more »

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