The gross NPA ratio, which is gross NPAs as a percentage of gross loans and advances of Scheduled Commercial Banks (SCBs), for domestic operations, has been continuously declining during the last eight financial years.
The Gross NPA ratio of public sector banks has declined to 3.12 per cent in September 2024 from 4.97 per cent in March 2015 and from a peak of 14.58 per cent in March 2018, the government said in a statement Thursday, reaffirming the good health in the banking system.
Mumbai (Maharashtra) [India], July 23 (ANI): India's second-largest private sector lender ICICI Bank on Saturday reported an improvement in its asset quality with gross non-performing asset (NPA) declining to 3.41 per cent as of June 30, 2022, as compared to 5.15 per cent recorded on the sam
Mumbai (Maharashtra) [India], May 2 (ANI): IDBI Bank on Monday said its net profit for the fourth quarter of the financial year 2021-22 rose to Rs 691 crore from Rs 512 crore in the corresponding quarter of the previous year, posting year-on-year growth of 35 per cent.