Which Bank Has The Highest NPA?

What is the amount of NPA in SBI?

As per the assessment done by the RBI, the gross NPA of SBI was Rs 11,932 crore more at Rs 1,84,682 crore as against Rs 1,72,750 crore reported by the bank for 2018-19, SBI said in a regulatory filing..

Why PSB have more NPA?

The study highlights that the primary causes of higher NPAs in PSBs are their liberal credit policies and loose terms and conditions of loans, deficiencies in the credit sanctions, and disbursements of loans.

Which bank has highest NPA in 2018?

ICICI BankICICI Bank topped the NPA list with Rs 54,063 crore in bad loans. It has recorded a 514 per cent jump in NPAs in five years – from Rs 10,506 crore in FY 2013-14 to Rs 54,063 crore in March 2018, the IE report said. Axis Bank registered a 988 per cent jump in its bad debts in last five financial years.

How do banks recover NPA?

NPAs can be classified as a substandard asset, doubtful asset, or loss asset, depending on the length of time overdue and probability of repayment. Lenders have options to recover their losses, including taking possession of any collateral or selling off the loan at a significant discount to a collection agency.

What is the current NPA of HDFC Bank?

In fiscal year 2020, the value of gross NPAs at HDFC Bank Limited across India amounted to 126 billion Indian rupees….Value in billion Indian rupeesFY 2020126.49FY 2019112.24FY 201886.07FY 201758.86Oct 16, 2020

What is the current NPA in India?

Gross non-performing asset value of public sector banks India FY 2018-2020. Indian public sector banks collectively owed approximately 6.8 trillion Indian rupees as non-performing assets at the end of fiscal year 2020.

What is a good NPA?

What it means: Net NPA is a better indicator of the health of the bank. What this is: Banks usually set aside a portion of their profi ts as a provision against bad loans. What it means: A high PCR ratio (ideally above 70%) means most asset quality issues have been taken care of and the bank is not vulnerable.

Why is NPA bad?

Credit contraction: Burgeoning NPAs reduces recycling of funds, and by extension, also that of the bank’s ability to lend more. This, in turn, results in interest income decline. On a macro level, it contracts money circulation that can lead to an economic slowdown.

Why is the NPA rising?

More From Our Partners. Mumbai: A Reserve Bank of India (RBI) stress test on banks indicates that gross non performing asset (GNPA) ratio of all banks may increase from 8.5% in March 2020 to 12.5% by March 2021 due to the sharp slowdown in the economy as a result of the lockdown imposed to fight the Covid 19 pandemic.

Which bank has lowest NPA in India?

Private-sector banks in India have higher capital buffer compared to state-owned peersBandhan Bank. 23.2%Kotak Bank. 22.4.HDFC Bank. 16.7.City Union. 15.7.DCB. 13.9.ICICI Bank. 13.6.Axis Bank. 13.5.IndusInd Bank. 13.2.More items…•

Which bank is unsafe in India?

You can read about it here. These are banks that are too-big-to-be-allowed-to-fail banks of India. And these are State Bank of India (SBI), HDFC Bank and ICICI Bank.

What is the NPA of Icici Bank?

According to RBI’s Financial Stability Report of December 2019, gross non-performing assets (GNPA) of scheduled commercial banks was at 9.3% at September 30, 2019, similar to the levels in March 2019, and net NPA ratio was at 3.7%. The process of resolution of large stressed accounts continued during the year.

What is meant by NPA in banks?

Definition: A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. Description: Banks are required to classify NPAs further into Substandard, Doubtful and Loss assets.

Which bank has highest NPA in 2019?

BankGNPA% age increase between 31.3.2017 and 31.3.2019Bank of India11,16019.76%Bank of Maharashtra3,761(-)10.85%Canara Bank7,90513.72%Central Bank of India11,44918.73%25 more rows•Jul 9, 2019

Which sector has highest NPA?

Among these five categories, the highest non-performing assets (NPAs) or bad loans in the ‘industrial’ sector stood at Rs 3,33,143 crore, followed by ‘other categories’ loan at Rs 1,77,275 crore, ‘agriculture and allied activities’ Rs 1,11,328 crore, ‘housing loan’ Rs 17,045 crore and ‘education loan’ at Rs 5,626 crore …