Gross non-performing assets of scheduled commercial banks decline significantly

8 Feb 2022 , 11:40 AM

As per Reserve Bank of India (RBI) data on global operations, gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) have declined from Rs. 9,33,779 crore (GNPA ratio of 9.07%) as of March 31, 2019 to Rs. 8,00,463 crore (GNPA ratio of 6.93%) as on September 30, 2021.

This was stated by Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in Lok Sabha.

Further, the Minister stated, GNPAs of Deposit Taking-NBFCs and Non-Deposit taking Systemically Important-NBFCs were Rs. 1,91,413 crore (GNPA ratio of 6.87%) as on 30.9.2021.

Giving more details, the Minister stated that as per RBI inputs, GNPAs of Public Sector Banks (PSBs) as a proportion to that of SCBs have decreased from 79.2% as on 31.3.2019 to 75.7% as on 31.3.2020 to 73.8% as on 31.3.2021 and further to 72.3% as on 30.9.2021, whereas GNPAs of Private Sector Banks (PVBs) as a proportion to that of SCBs have increased from 19.4% as on 31.3.2019 to 23.0% as on 31.3.2020 to 24.2% as on 31.3.2021 and further to 24.9% as on 30.9.2021.