In fiscal year 2021, private sector banks across India earned a total income of almost 5.46 trillion Indian rupees. This marked an increase compared to 2019 when the total income of private sector banks amounted to under five billion rupees.
However, Indian banks were facing an asset crisis, and in fiscal year 2021, the value of non-performing assets of private banks across the country amounted to around two trillion Indian rupees.
Total income of private sector banks across India from financial year 2017 to 2021
(in trillion Indian rupees)
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Indian Banks' Association. (August 13, 2021). Total income of private sector banks across India from financial year 2017 to 2021 (in trillion Indian rupees) [Graph]. In Statista. Retrieved December 06, 2024, from https://www.statista.com/statistics/1068802/india-total-income-of-private-sector-banks/
Indian Banks' Association. "Total income of private sector banks across India from financial year 2017 to 2021 (in trillion Indian rupees)." Chart. August 13, 2021. Statista. Accessed December 06, 2024. https://www.statista.com/statistics/1068802/india-total-income-of-private-sector-banks/
Indian Banks' Association. (2021). Total income of private sector banks across India from financial year 2017 to 2021 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: December 06, 2024. https://www.statista.com/statistics/1068802/india-total-income-of-private-sector-banks/
Indian Banks' Association. "Total Income of Private Sector Banks across India from Financial Year 2017 to 2021 (in Trillion Indian Rupees)." Statista, Statista Inc., 13 Aug 2021, https://www.statista.com/statistics/1068802/india-total-income-of-private-sector-banks/
Indian Banks' Association, Total income of private sector banks across India from financial year 2017 to 2021 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/1068802/india-total-income-of-private-sector-banks/ (last visited December 06, 2024)
Total income of private sector banks across India from financial year 2017 to 2021 (in trillion Indian rupees) [Graph], Indian Banks' Association, August 13, 2021. [Online]. Available: https://www.statista.com/statistics/1068802/india-total-income-of-private-sector-banks/