Non Performing Assets In The Public Sector Banks

In March 2021, the GNPAs for SCBs were at 7.5 per cent of the total outstanding loans

External sector remains a source of risk

Even as banks have written off more loans than before, recovery of bad loans has also improved substantially in the past couple of years

State-owned lenders will hold meetings with Non-Banking Financing Companies--or shadow banks--and new retail customers in 200 districts till September 29 to explore giving credit

It's not all gloom and doom in Indian banking

The high level of stressed assets in the banking system however provide enormous opportunity for asset reconstruction companies

Private sector banks' non- performing assets (NPAs) were considerably low at Rs 1.03 lakh crore by September 30