India recorded a gross non-performing asset (GNPA) to total advances ratio of over three percent in fiscal year 2023. This was another decrease from the pervious financial year, the country was expected to see a further decrease in bad loans in the next fiscal year.
On the basis of the value for fiscal year 2023, the Reserve Bank of India projected three scenarios for the financial year 2024. Under the baseline scenario, the GNPA-ratio would reach 3.6 percent . Under medium or severe stress the GNPA-ratio would reach 4.1 percent to 5.1 percent respectively.
Gross non-performing loan ratio of scheduled commercial banks across India from financial year 2008 to 2023, with estimates until September 2024
* Projections are made using two complementary econometric models-multivariate regression and vector autoregression (VAR), the resulting GNPA ratios are averaged
India's financial year starts in April and ends in March. For example, FY 2020 refers to data from April 2019 until March 2020.
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Reserve Bank of India. (June 28, 2023). Gross non-performing loan ratio of scheduled commercial banks across India from financial year 2008 to 2023, with estimates until September 2024 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1013267/non-performing-loan-ratio-scheduled-commercial-banks-india/
Reserve Bank of India. "Gross non-performing loan ratio of scheduled commercial banks across India from financial year 2008 to 2023, with estimates until September 2024." Chart. June 28, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1013267/non-performing-loan-ratio-scheduled-commercial-banks-india/
Reserve Bank of India. (2023). Gross non-performing loan ratio of scheduled commercial banks across India from financial year 2008 to 2023, with estimates until September 2024. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1013267/non-performing-loan-ratio-scheduled-commercial-banks-india/
Reserve Bank of India. "Gross Non-performing Loan Ratio of Scheduled Commercial Banks across India from Financial Year 2008 to 2023, with Estimates until September 2024." Statista, Statista Inc., 28 Jun 2023, https://www.statista.com/statistics/1013267/non-performing-loan-ratio-scheduled-commercial-banks-india/
Reserve Bank of India, Gross non-performing loan ratio of scheduled commercial banks across India from financial year 2008 to 2023, with estimates until September 2024 Statista, https://www.statista.com/statistics/1013267/non-performing-loan-ratio-scheduled-commercial-banks-india/ (last visited December 23, 2024)
Gross non-performing loan ratio of scheduled commercial banks across India from financial year 2008 to 2023, with estimates until September 2024 [Graph], Reserve Bank of India, June 28, 2023. [Online]. Available: https://www.statista.com/statistics/1013267/non-performing-loan-ratio-scheduled-commercial-banks-india/
