Among banks with total business above Rs 3 lakh crore,

Solution

As per the information given below, the correct answer is option D. Bank of Maharashtra (BoM) has emerged as the best bank as far as 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. This is the lowest ratio among all banks having total business above Rs 3 lakh crore and not just public sector banks (PSBs). On the PSB side, Bank of Maharashtra was followed by the country's biggest lender 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. Bank of Maharashtra has provided almost completely for the NPAs and has the highest Provision Coverage Ratio at 98.28 per cent followed by UCO Bank at 94.50 per cent and Indian Bank at 93.82 per cent. 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.