Gross NPA of private banks India FY 2017-2021

In fiscal year 2021, the value of gross non-performing assets of private banks across India amounted to over two trillion Indian rupees. In fiscal year 2020, for the first time the value of gross NPA reached more than two trillion Indian rupees. Non-performing assets have posed a big problem for banks in India and experts point that this crisis had been long in the making. Since more banks are facing a problem of risky or non-performing assets, the profitability and solvency of banks has gone down.