The gross non-performing assets of public sector banks (PSBs) stood at ₹3.16 lakh crore as of September 30, which is 3.09% of the outstanding loans, Parliament was informed on Tuesday.
Minister of State for Finance Pankaj Chaudhary said in the Rajya Sabha that as per provisional data of the Reserve Bank of India (RBI), gross NPAs of PSBs and private sector banks as of September 30, 2024, were ₹3,16,331 crore and ₹1,34,339 crore, respectively.
Further, gross NPAs as a percentage of outstanding loans were 3.09% in public sector banks and 1.86% in private sector banks.
Chaudhary further said as of March 31, 2024, 580 unique borrowers (excluding individuals and overseas borrowers), each having loan outstanding of more than ₹50…
