______ has emerged as the best bank as far as the

Solution

Bank of Maharashtra (BoM) has emerged as the best bank as far as the management of bad loans is concerned with its net non-performing assets (NPAs) falling as low as 0.25 per cent during the financial year ended March 2023. It was followed by HDFC Bank with net NPA falling to 0.27 per cent and Kotak Mahindra Bank clinching the third spot with 0.37 per cent of net advances. On the PSB side, BoM was followed by State Bank of India (SBI) with net NPAs falling to 0.67 per cent and Bank of Baroda at 0.89 per cent at the end of March 2023. With regard to Capital Adequacy Ratio, BoM has the highest CAR of 18.14 per cent among PSBs followed by Punjab & Sind Bank at 17.10 per cent and Canara Bank at 16.68 per cent as on March 31, 2023. In terms of loan growth, BoM retained the top spot. Indian Overseas Bank stood at second spot with a rise of 21.28 per cent followed by Indusind Bank 21 per cent. With regards to deposits growth rate, HDFC Bank was at the first spot with 20.80 per cent, followed by Federal Bank with 17 per cent rise and Kotak Mahindra Bank (KMB) with 16.49 per cent rise. However, in terms of low-cost Current Account and Savings Account (CASA) deposits BoM topped the chart with 53.38 per cent followed by IDBI Bank with 53.02 per cent and KMB at 52.83 per cent.