Indian public sector banks collectively owed over seven trillion Indian rupees as non-performing assets at the end of fiscal year 2019. This value was much higher at around nine trillion rupees in the previous fiscal year, indicating a slow but slight relief for India's economy in terms of non-paying assets at public banks.
Public sector banks in India consist of 19 nationalized banks, the State Bank of India and other associate banks of the State Bank of India. At the same time, the government of India is the major stakeholder in all these banks.
Gross non-performing asset value of public sector banks in India between FY 2017 and FY 2019
(in trillion Indian rupees)
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Indian Banks' Association. (March 31, 2019). Gross non-performing asset value of public sector banks in India between FY 2017 and FY 2019 (in trillion Indian rupees) [Graph]. In Statista. Retrieved May 25, 2020, from https://www.statista.com/statistics/1064657/india-gross-npa-public-sector-banks-india/
Indian Banks' Association. "Gross non-performing asset value of public sector banks in India between FY 2017 and FY 2019 (in trillion Indian rupees)." Chart. March 31, 2019. Statista. Accessed May 25, 2020. https://www.statista.com/statistics/1064657/india-gross-npa-public-sector-banks-india/
Indian Banks' Association. (2019). Gross non-performing asset value of public sector banks in India between FY 2017 and FY 2019 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: May 25, 2020. https://www.statista.com/statistics/1064657/india-gross-npa-public-sector-banks-india/
Indian Banks' Association. "Gross Non-performing Asset Value of Public Sector Banks in India between Fy 2017 and Fy 2019 (in Trillion Indian Rupees)." Statista, Statista Inc., 31 Mar 2019, https://www.statista.com/statistics/1064657/india-gross-npa-public-sector-banks-india/
Indian Banks' Association, Gross non-performing asset value of public sector banks in India between FY 2017 and FY 2019 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/1064657/india-gross-npa-public-sector-banks-india/ (last visited May 25, 2020)
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