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Over the last five years, the gross non-performing assets (NPAs) of banks have dropped by almost 46 per cent — from Rs 10.21 lakh crore in fiscal year (FY) 2017-2018 to Rs 5.55 lakh crore by March 2023.
The Bangladesh Bank is not presenting the complete picture of non-performing loans (NPLs) in our banking sector, because there are some other loans that also qualify as NPLs that are not being counted, such as loan write-offs and risky loans.
ICICI Bank Q1 earnings: In the same quarter of the previous financial year, the private sector lender had written off loans worth Rs 1,126 crore.
Private sector banks have seen slippages and loan write-offs at 44 per cent, as against 23 per cent in case of public sector banks, the report by India Ratings and Research (Ind-Ra) said, calling the trend surprising.
Based on information supplied by the finance minister, we estimate that the total non-performing assets between 2014-15- 2021-22 years amount to Rs 66.5 lakh crore. Of this, the written-off quantum appears to be Rs 14.5 lakh crore.