Don’t miss the latest developments in business and finance.

Home / Finance / News / Indian banking sector's stressed loans increase to $147.33 billion

Indian banking sector's stressed loans increase to $147.33 billion

As of end-September, the banks' total stressed loans were Rs 8.97 lakh crore

Indian banks' stressed loans rise to Rs 9.64 trillion as of December 2016
A bank officer in Jammu displays a bunch of new ~2000 notes, while customers queue up to withdraw cash. Photo: PTI
Reuters Mumbai
Last Updated : Mar 18 2017 | 2:11 AM IST
Connect with us
Facebook IconLinkedIN Icon
Indian banks had stressed loans of Rs 9.64 lakh crore ($147.33 billion) as of end-December, Santosh Gangwar, minister of state for finance, told lawmakers on Friday.

As of end-September, the banks' total stressed loans were Rs 8.97 lakh crore, according to data from the Reserve Bank of India.

Stressed loans include bad loans and restructured or rolled over loans.
Connect with us on WhatsApp

Also Read

Indian banks' stressed loans rise to Rs 9.64 trillion as of December 2016

At 12%, banks in Odisha have higher NPA than national average

Indian banks' loans rose 4.8% in 2 weeks to Feb 17: RBI

Banks loans rose 9.1% in 2 weeks to Oct 28: RBI

Can't share details of govt response on Sharia banking: RBI

First Published: Mar 18 2017 | 2:09 AM IST

Explore News

Next Story