Key Highlights: 

  • NPAs of 38 banks at Rs 829,335 crore in Q1FY18
  • SBI accounts for 23% of total NPAs 
  • Top five PSBs holds over 47% of total NPAs

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Bad loans  has resulted in higher provisions, deterioration in asset quality, higher slippages and thus lower earnings for banks -- not to forget their future lending is at stake.

A total of 38 banks have presented their financial performance for the quarter ended June 30, 2017 (Q1FY18) and the NPA numbers look scary.

On year-on-year (YoY) basis, these banks have seen a sharp rise of 34.17% to Rs 8,29,335 crore compared to Rs 6,18,109 crore in the corresponding period of the previous year.

Has NPA recognition by banks post AQR complete or is it just a myth?

  • Here's how banks can save themselves from NPA stress