NPAs of Public Sector Banks as on 30th June 2013

Non-Performing Assets (NPAs) of Public Sector Banks (PSBs) as on 30th June 2013: RBI Data

As per provisional data received from the Reserve Bank of India (RBI), the Gross Non-Performing Assets (NPAs) of Public Sector Banks (PSBs) as on 30th June 2013 was Rs. 1,76,009 crore. The Gross NPAs of PSBs were Rs. 1, 12,489 crore in March 2012 and Rs. 1, 55,890 crore in March, 2013.

Non-Performing-Assets-NPAAlthough the Non-Performing Assets (NPAs) of the bank has shown a rising trend, the position is continuously and closely being monitored by the Bank and there is no cause for alarm. The stress on the asset quality is a reflection of the stress in the economy of the country.

The details of recovery made by PSBs through suit filed cases, as available with RBI, are as under: (Amt. in Rs. Crore)

Period

Suit Filed

Amt Recovered

%age of Recovery

2009-10

47,576

2,403

5.1

2010-11

52,672

2,342

4.4

2011-12

79,117

1,700

2.1

2012-13

97,701

1,905

2.0

This was stated by Shri Namo Narain Meena, MoS in the Ministry of Finance in written reply to a question in the Rajya Sabha.

Tagged with 
Non Performing Assets NPA

One thought on “NPAs of Public Sector Banks as on 30th June 2013

  1. there should be a good recovery management system in public sectors as such of private banks. even at the top level management should look to sell of their NPA portfolio..

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