Sunday, March 16, 2025 | 07:00 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

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
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.

Don't miss the most important news and views of the day. Get them on our Telegram channel

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

Explore News