Bank NPAs drop marginally to Rs 8.34 lakh crore at March-end 2021: Government

Banks non-performing assets (NPAs) have marginally dropped by Rs 61,180 crore to Rs 8.34 lakh crore at the end of March 31, 2021.

Non-performing assets (NPAs) or bad loans of banks have declined by Rs 61,180 crore to Rs 8.34 lakh crore at the end of March 31, 2021, as a result of various steps taken by the government, Minister of State for Finance Bhagwat K Karad said on Monday. Scheduled commercial banks (SCBs) were carrying NPAs worth Rs 8.96 lakh crore on their balance sheet at the end of March 2020.