Gross non-performing asset value of public sector banks India 2016-2019

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

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Source

Release date

March 2019

Region

India

Survey time period

FY 2017 to FY 2019

Supplementary notes

Values have been rounded.

India's financial year begins in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.

One Indian rupee is equal to 0.013 euros and 0.014 U.S. dollars (as of October 2019).

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