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List of Public Sector Banks which have highest share in NPA

Hemant Singh

Definition of Non-Performing Asset (NPA):

Accordingly to RBI, with effect from March 31, 2004, a Non-Performing Asset (NPA) shall be a loan or an advance where;

(1). Interest and/ or instalment of principal remain overdue for a period of more than 90 days in respect of a term loan.

(2). The account remains ‘out of order’ for a period of more than 90 days, in respect of an (3).Overdraft/Cash Credit.

(4). The bill remains overdue for a period of more than 90 days in the case of bills purchased and discounted.

(5). Interest and/or instalment of principal remains overdue for two harvest seasons but for a period not exceeding two half years in the case of an advance granted for agricultural purposes.

(6). Any amount to be received remains overdue for a period of more than 90 days in respect of other accounts.

As on December 31, 2017, the gross Non-Performing Assets (NPAs) of all the banks in the country amounted to Rs. 8.40 trillion.

The industry accounts for highest NPA, Rs. 6.09 trillion or 20.41% of the gross advances given by the scheduled commercial banks. Service sector accounts for Rs. 696 billion (6.53%) and agriculture and allied activities is holding the NPA of Rs. 149 billion.

List of top 15 Private Sector Banks in India

In this article we are publishing the name of top 13 Public Sector Banks which have highest share in the gross NPA;

 Bank Name 

Gross NPA

 1. State Bank of India

 Rs. 2.01 trillion

2. Punjab National Bank

 Rs. 552 billion

3. IDBI Bank

 Rs. 445 billion

4. Bank of India

 Rs.434 billion

5. Bank of Baroda  

 Rs. 416 billion

6. Union Bank of India

 Rs. 380 billion

7. Canara Bank

 Rs. 377 billion

8. Central Bank of India

 Rs. 324 billion

9. Indian Overseas Bank

 Rs. 317 billion

10. UCO Bank

 Rs. 243 billion

11. Allahabad Bank  

 Rs. 231 billion

12. Andhra Bank

 Rs. 215 billion

13. Corporation Bank

 Rs. 218 billion

The highest amount of gross NPAs is held by the country's largest lender SBI amounts Rs. 2.01 trillion which is equal to 24.39% of the gross NPAs. Other Public Sector Bank includes; Punjab National Bank (PNB) holds Rs. 552 billion and IDBI Bank has Rs. 445 billion.

It is interesting to know that Public Sector Banks accounted for 88.74% of the total gross NPAs in December 2017 and top 5 among these banks is responsible for 46.76% share of the gross NPA.

Contrary to 19 PSBs, 21 private sector banks have total gross NPAs of Rs 93,044 crore. There are 19 out of 21 private bank’s  gross NPAs is less than 1%, while only two PSBs- Sind Bank and Vijaya Bank can claim this achievement.

The biggest reason behind the increasing NPAs of the Public Sector Banks is the political interference in the functioning of the Public Sector Banks.

As of now Public Sector Banks and NPAs have almost become synonymous. So there is an urgent need to do appropriate banking reforms in the country.

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