Punjab

Gross non-performing assets of scheduled commercial banks increasing in India

Dilbag Singh | March 31, 2020 01:48 PM

 

NAKODAR India has witnessed an increasing trend in Gross Non-Performing Assets (NPAs) of Scheduled Commercial Banks as on 31.03.2014 to as on 31.03.2018. As on 31st March 2014; Gross NPAs of Scheduled Commercial Banks in India was Rs. 2, 63,015 crore, which was 3.83% of the disbursement of gross loans and advances (Rs. 68, 75,748 crores). Gross NPAs have increased by 22.98% to Rs. 3,23,464 crore as on 31.03.2015 above as on 31.03.2014the  Ministry of Finance informed the Rajya Sabha in a written reply which has been posted on website data.gov.in.

It said that Gross NPAs of Scheduled Commercial Banks in India was Rs. 10, 36,187 crores as on 31st Mar 2018, up by 31.07% against Rs. 7, 90,556 crores as on 31st Mar 2017. It was 9.3% and 11.18% of the gross loans and advances disbursed as on 31.03.2017 and as on 31.03.2018 respectively. Disbursement of gross loans and advances of Scheduled Commercial Banks in India was Rs. 85,00,869 crore and Rs. 92,66,210 crore as on 31st Mar 2017 and as on 31st Mar 2018 respectively.

As on 31st December 2018, Gross NPAs of Scheduled Commercial Banks in India was Rs. 10, 07,988 crores (10.19% of Rs. 98, 93,196 crores, disbursed as gross loans and advances).

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