NPAs

Significant Reduction in Gross NPAs of Public Sector Banks

Official Press

22 Jul 2025

The Ministry of Finance reports a substantial decrease in gross non-performing assets (NPAs) of public sector banks, dropping from 9.11% in March 2021 to 2.58% by March 2025. This decline is attributed to comprehensive reforms by the Government and the Reserve Bank of India (RBI), including changes in credit culture, amendments to key financial laws, and the establishment of specialized asset management units within banks. These measures aim to enhance recovery processes and improve the overall financial health of the banking sector.

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Recent Diplomatic Updates from India's Ministry of External Affairs

Key Diplomatic Updates from the Ministry of External Affairs

India-Sri Lanka HTA Workshop Commences for Health Technology Assessment

VOC Port Hosts Key Event on AI Advances in Maritime Operations