Gross non-performing assets of gold NBFCs in India FY 2018-2024

Published by Sandhya Keelery, Aug 30, 2024

In 2024, gold non-banking financial companies (NBFCs) reported a gross non-performing assets (GNPA) rate of 2.9 percent. This was a significant increase from 2021 when the GNPA rate had decreased to 1.2 percent. However, in the subsequent fiscal year, the GNPA rate rose again to three percent.

Gross non-performing assets (GNPA) of gold non-banking financial companies (NBFCs) in India from the financial year 2018 to 2024

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Release date

June 2024

Region

India

Survey time period

FY 2018 to FY 2024

Supplementary notes

GNPA for NBFC categories has been calculated based on weighted average.

Analysis include two gold loan NBFCs.

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

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