Budget 2024: Gross NPAs as % of advances falling
NPAs reached their lowest to 3.2% of total advances in FY23
npas
February 2024
December 2023
July 2023
June 2023
Bank NPAs may jump to 4.4% under severe stress: RBI
Gross NPA ratio of all scheduled commercial banks declined to an 11-year low of 3.2% at the end of September 2023.
Banks have shown strength unlike 5 years ago: RBI deputy guv
As compared to 2018, when 12 banks were under Prompt Corrective Action, today no SCB is under PCA.
Banks' GNPAs at decadal low of 3.2% as of Sep 2023: RBI
45% cut in gross NPAs contributed by "recoveries and upgradations", shows RBI data
'Phone Banking spoiled all our banks': Finance Minister
Sitharaman says calls were made to approve loans for individuals who did not meet the creditworthiness criteria.
NPAs: RBI must name and shame fraudsters, wilful defaulters
RBI must make public the debtors who are marked 'fraud' and 'wilful defaulter' to stop money laundering, fleeing the country and also to prevent negligence of banks, law enforcement agencies, if any
Indian Banks Clear Health Check
NPAs fall drastically despite credit to commercial sector and government rising 63% and 52%, respectively.
BoM: Changing The Credit Culture
From scanning portfolios to identifying deficiencies in loan sanctions, to central processing cells, Bank of Maharashtra has come a long way.
Banks' NPAs drop to 10-year low in March
Profit of Indian lenders grew 38.4% in 2022-23, led by strong growth in net interest income and significant reduction in provisions
The flip-side of RBI's "compromise settlement" formula for stressed asset
Banking system needs more stringent stressed asset management norms and tighter regulatory oversight, rather than ‘compromise settlements' with willful defaulters causing the stress
