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StatsGuru: Tracking the financial health of lenders

Ishan Bakshi 

Over the past year, both private and public sector banks (PSBs), prodded by the Reserve Bank of India, have been aggressive in recognising the true extent of bad loans plaguing the system. As shown in Chart 1, gross non-performing assets (GNPAs) of the banking system rose to 8.5 per cent at the end of the first quarter in 2016-17. But, the divergence between bad loans of public and private banks is staggering.

The GNPAs of private banks rose to 2.9 per cent at the end of the first quarter of FY17. By comparison, GNPAs of PSBs soared to 10.4 per cent over the same period. The only silver ...

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First Published: Mon, August 29 2016. 12:30 IST