According to the latest RBI data released on December 24, the gross non-performing assets (NPA) of public sector and private sector banks as on September 30, 2017 were Rs 7,33,974 crore, Rs 1,02,808 crore, respectively
-Among the major public sector banks, State Bank of India (SBI) had the highest amount of NPAs at over Rs 1.86 lakh crore followed by Punjab National Bank (Rs 57,630 crore), Bank of India (Rs 49,307 crore), Bank of Baroda (Rs 46,307 crore), Canara Bank (Rs 39,164 crore) and Union Bank of India (Rs 38,286 crore).
-Among private sector lenders, ICICI Bank had the highest amount of NPAs on its books at Rs 44,237 crore by the end of September, followed by Axis Bank (Rs 22,136 crore), HDFC Bank (Rs 7,644 crore) and Jammu and Kashmir Bank (Rs 5,983 crore ).
Mounting Education loan: As per the data compiled by the Indian Banks’ Association (IBA), the total outstanding education loan at end of the fiscal 2016-17 was Rs 67,678.5 crore, of which Rs 5,191.72 crore was NPA.
-The default in repayment of education loan rising to 7.67 per cent of the outstanding amount at March- end, 2017 from 5.7 per cent two years ago.
-The NPA was 5.7 per cent in 2014-15, which rose to 7.3 per cent in the following fiscal and further to 7.67 per cent in the last financial year.
