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High Frequency Indicators · Bad Loans
High Frequency Indicators · Banking · Reserve Bank of India

The Bad-Loan Decade

A decade ago India's banks were drowning in loans that would never be repaid — the "twin balance-sheet" crisis. Bad loans climbed from a few percent to a peak near one rupee in nine lent out, then were written down, provisioned and recovered. Pick a bank group and watch the rise and the cleanup.

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In Plain Terms
The jargon on this chart, explained — no numbers, just what the words mean.
Non-Performing Asset (NPA)
A loan gone sour — the borrower has stopped paying interest or principal for 90 days or more, so the bank can no longer count on getting its money back. “Bad loan” is the everyday word for it.
Provisions
Money a bank sets aside from its own profits to absorb the likely loss on a bad loan — a cushion booked in advance. If the loan is never repaid, the provision takes the hit instead of that year’s earnings all at once.
Gross NPA
The full pile of bad loans a bank is carrying, before any of that cushion is subtracted.
Net NPA
What is left after provisions are taken out — the slice of bad loans the bank has not yet cushioned against. A loan that is fully provisioned drops out of this figure, which is why net NPA is always lower than gross.
Advances
The total money a bank has lent out and not yet been repaid — the loan book. The bad-loan ratio measures NPAs as a share of this.
Write-off
Removing a fully provisioned bad loan from the books to tidy the balance sheet. The bank can still chase the borrower in court — a write-off is an accounting step, not forgiveness of the debt.
PolityPolicy.com
by Tushar Gupta · India, in Numbers — No Rhetoric, Just Data
Source: Reserve Bank of India, Handbook of Statistics on the Indian Economy — Table 50 (Gross and Net NPAs of Scheduled Commercial Banks, Bank Group-Wise), end-March, by bank group, from banks' annual accounts and off-site returns. Half-yearly system-wide points (September 2025 and March 2026, ringed on the chart) are from the RBI Financial Stability Report (Dec 2025 and June 2026), which reports asset quality for all commercial banks every March and September; these carry the ratio only, so the NPA-amount and loan-book views stay annual. Gross NPA = loans classified as bad before provisioning; net NPA = after banks set aside provisions. The bad-loan ratio is gross NPAs as a share of gross advances. Annual bank-group series run 2012-13 to 2024-25; small finance banks from 2018-19. Latest reads (2024-25 onward) are provisional; from 2013-14, private-bank figures cover all private banks; 2023-24 onward reflects the July 2023 merger of a non-bank into a private bank. Retrieved September 2026.
High Frequency Indicators · India, in Numbers
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