India's 'bad loans' problem in 8 charts
All India Bank Employee Association has released the data showing the total number of loan defaulters and the amount they owe. The data also segregates information based on banks.
Here are eight charts that show you the comprehensive data released by AIBEA on the non-performing assets in the country.
1. Bad loans increasing on a year-on-year basis:
Highest amount of non-performing assets noticed in the year 2016 of Rs 5,39,995 crore.
2. Number of accounts with Financial Institution (FIs) and Public Sector Bbanks (PSBs):
3. Amount of loans with Financial Institution (FIs) and Public Sector Bbanks (PSBs):
4. Nationalised banks:
Punjab National Bank topped the list of public sector banks with a total of nearly 700 accounts defaulting on Rs 9,44,505 crore worth of loans.
5. SBI and its associate banks:
SBI and its associate banks had defaulting loans amounting to Rs 1,85,7,646 crore. SBI reported the highest amount of these loans of Rs 12,09,122.59 lakh.
6. Private Sector Banks:
Kotak Mahindra bank ranked highest among Private Sector Banks with defaulting loans amounting to Rs 5,44,219.57 lakh.
7. Foreign banks:
Foreign banks had a total of 38 accounts with defaulting loans amounting to Rs 46,297.42 lakh.
8. Financial Institutions (Credit Grantors):
Financial institutions with a total of 42 accounts had defaulting loans amounting to Rs 72,793.71 lakh.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
01:18 PM IST