The details of Gross Advances, Gross Non-Performing Assets (GNPA)+ Restructured Advances and Gross NPA + Restructured Advances ratio of Scheduled Commercials Banks (SCBs) for last three years are as under:
| SCHEDULED COMMERCIAL BANKS (Rs. In crore) | |||
| GROSS
ADVANCES |
GROSS NPA + RESTRUCTURED ADVANCES | GNPA + RESTRUCTURED ADVANCES RATIO | |
| FY 2014 | 61,01,775 | 6,08,967 | 9.98% |
| FY 2015 | 66,91,204 | 7,28,925 | 10.89% |
| FY 2016 | 72,73,202 | 8,32,786 | 11.45% |
Main reasons for increase in NPAs of banks are slowdown in recovery in the global economy and continuing uncertainty in the global markets leading to lower exports of various products like textiles, engineering goods, leather, gems, etc. The PSB’s continue to be under stress on account of aggressive lending in the past.
NITI Aaayog has not moved any proposal to create a bad bank to hold the stresses and non-productive assets and loan recovery of banks.