Pressure on NPAs, especially for public sector banks will continue as more loans turn into non-performing assets due to the overall slowdown in the Indian and global economy, says a study by NPAsource
Moneylife Digital Team
Net non-performing assets (NPAs) or bad loans of 39 listed banks increased by a negligible 0.8% or Rs750 crore only in the fourth quarter of 2012-13 due to high provisioning. However, for the full fiscal year net NPAs of these lenders jumped 51% to Rs92,825 crore, says a study conducted by NPAsource.com.