Non performing assets have shown a declining trend over the past 4 years, especially since the peak of ₹10.36 lakh crore in FY18. In FY22, scheduled commercial banks recovered ₹92,564 crore via multiple channels – Lok Adalats, Debt Recovery Tribunals, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, and Insolvency and Bankruptcy Code (IBC).
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Budget 2023: NPAs declining from FY18 peak
In FY22, scheduled commercial banks recovered ₹92,564 crore via multiple channels such as Lok Adalats, Debt Recovery Tribunals, IBC, and SARFAESI Act.
Infographics
The Start-up Boom
The Indian start-up ecosystem is now the third-largest in the world, thanks to the rise of digital technologies and growth in the number of young entrepreneurs.
Infographic: Rail accidents decline sharply
In FY22, there was only one level crossing accident and two collisions
Infographic: Rise in personal loans: Home loans back in focus
Housing loans account for more than 48% of personal loans for banks as of December 2022, as per the RBI data.
Infographic: Gold at all-time high
The gold price touched a lifetime high of ₹61,095 per 10 grams in the domestic market on March 31, 2023.
Infographics
The Start-up Boom
The Indian start-up ecosystem is now the third-largest in the world, thanks to the rise of digital technologies and growth in the number of young entrepreneurs.
Infographic: Rail accidents decline sharply
In FY22, there was only one level crossing accident and two collisions
Infographic: Rise in personal loans: Home loans back in focus
Housing loans account for more than 48% of personal loans for banks as of December 2022, as per the RBI data.
Infographic: Gold at all-time high
The gold price touched a lifetime high of ₹61,095 per 10 grams in the domestic market on March 31, 2023.
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