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INDIA'S BEST BANKS 2006-2007: CATEGORY - CREDIT QUALITY (Bank of Nova Scotia ranks 2nd in terms of credit quality among foreign banks).

India Business Insight

| March 31, 2008 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Bank of Nova Scotia (BNS) has been ranked 2nd among foreign banks in terms of credit quality, in the India's Best Banks 2006-2007 survey conducted by Financial Express and Ernst & Young.

The ranking covers parameters that include ratio of NNPA to total assets, ratio of NNPA to net worth, ratio of GNPA to gross advances, ratio of increase in GNPA to increase in gross advances and ratio of increase in …

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