India's Banking Sector: A Resilient Transformation
India's banking sector has undergone a significant transformation over the past decade, driven by robust reforms and strategic initiatives. From 2015 to 2025, domestic deposits and credit have nearly tripled, marking a substantial strengthening in banking activity. The decline in Gross Non-Performing Assets (NPAs) from 11.46% in 2018 to 2.31% in 2025 reflects improved asset quality and risk management. Public sector banks' profitability has soared, with net profits increasing significantly in recent years, a trend mirrored by scheduled commercial banks. Structural reforms like the Insolvency and Bankruptcy Code, asset quality reviews, and governmental strategies have bolstered this progression, ensuring the sector's readiness to support India's economic growth.
Source: Original Link