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Large borrowers' loan accounts and bad loans decline: RBI
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IANS | 02 Jul, 2022
The share of large borrowers for scheduled commercial banks (SCB) has
declined in the recent times while their share in the gross
non-performing assets (GNPA) also went down, said the Reserve Bank of
India (RBI).
According to the RBI's Financial Stability
Report, June 22, the share of large borrowers, those having aggregate
fund and non-fund based exposure of Rs 5 crore and above, has been
declining in the recent years.
This indicates the reduction in credit concentration and diversification of borrowers.
Their
share in total GNPA of SCBs moderated marginally to 62.3 per cent
during second half of 2021-22 and remained well below its level in
September 2020 (75.6 per cent).
The GNPA ratio of large borrowers has been declining over the last two years to reach 7.7 per cent in March 2022, the RBI said.
As
industrial activity revived during the second half of the year, the
share of top 100 large borrowers in SCBs' total loan books as well as in
SCBs' GNPA increased.
These borrowers accounted for 17.1 per cent of SCBs' total credit and 6.9 per cent of their GNPA, the RBI report said.
According
to the report, the asset quality of SCBs continued to improve through
the year, with GNPA ratio declining from 7.4 per cent in March 2021 to a
six-year low of 5.9 per cent in March 2022.
The Net non-performing assets (NNPA) ratio also fell by 70 bps during 2021-22 and stood at 1.7 per cent at the year-end.
The
slippage ratio, measuring new accretions to NPAs as a share of standard
advances at the beginning of the period, declined across bank groups
during 2021-22.
The write-off ratio declined for the second successive year to 20 per cent in 2021-22.
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