Which Bank Has Highest NPA In India?

Which sector has highest NPA?

Among these five categories, the highest non-performing assets (NPAs) or bad loans in the ‘industrial’ sector stood at Rs 3,33,143 crore, followed by ‘other categories’ loan at Rs 1,77,275 crore, ‘agriculture and allied activities’ Rs 1,11,328 crore, ‘housing loan’ Rs 17,045 crore and ‘education loan’ at Rs 5,626 crore ….

Which is the 2nd largest bank in India?

1) Oriental Bank of Commerce (OBC) and United Bank of India will be merged into Punjab National Bank (PNB). After the merger, these together will form the second-largest public sector bank in the country, after State Bank of India (SBI).

Is SBI bank safe?

“Take for instance, SBI which is amongst the top 100 banks of the world. It is as safe as it gets in terms of a bank. The m-cap ratio of SBI is an order of magnitude higher than the private sector banks which shows that m-cap ratio is a wrong measure to assess the safety of the bank,” Subramanian said.

Who is the No 1 bank in India?

HDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.

What is NPA of Indian banks?

Definition: A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. Description: Banks are required to classify NPAs further into Substandard, Doubtful and Loss assets. 1.

Who deals with NPA India?

Public sector banks that are government owned are largely responsible for the NPA problem with the State Bank of India (SBI) group’s gross non-performing assets (GNPA) at 5.17% and other public sector banks’ GNPA at 4.13% in 2014. World GNPA to gross loans is at 4.3% in 2015.

Who is the richest bank in India?

Here is the list of top 6 biggest public sector banks (PSBs) in India in 2019 in terms of market capitalization.HDFC Bank Ltd. … State Bank of India (SBI) … ICICI Bank Ltd. … Kotak Mahindra Bank Ltd. … Axis Bank Ltd. … IndusInd Bank Ltd.

Which private bank is best?

Housing Development Finance Corporation Limited, popularly known as HDFC Bank, ranks number 1 among the list of best private banks in India….HDFC Bank. … ICICI Bank. … Axis Bank. … Kotak Mahindra Bank. … Yes Bank. … Federal Bank. … IndusInd Bank. … RBL Bank.More items…•

Which is better HDFC or Icici?

HDFC has an average customer ratings of 4.5, while ICICI Bank has an average customer rating of 4.1, based on which it is clear that HDFC has a high customer service focus, an easy Home Loan process and a quick turnaround.

How much money is safe in a bank in India?

Each depositor in a bank is insured upto a maximum of ₹ 5,00,000 (Rupees Five Lakhs) for both principal and interest amount held by him in the same right and same capacity as on the date of liquidation/cancellation of bank’s licence or the date on which the scheme of amalgamation/merger/reconstruction comes into force.

Which bank is unsafe in India?

You can read about it here. These are banks that are too-big-to-be-allowed-to-fail banks of India. And these are State Bank of India (SBI), HDFC Bank and ICICI Bank.

What is the current NPA of HDFC Bank?

HDFC Bank’s NPAs value FY 2017-2020 In fiscal year 2020, the value of gross NPAs at HDFC Bank Limited across India amounted to 126 billion Indian rupees. This was a big increase in the NPAs filed by the bank compared to the fiscal year 2017 when it amounted to about 58 billion rupees.

What is the NPA of Icici Bank?

According to RBI’s Financial Stability Report of December 2019, gross non-performing assets (GNPA) of scheduled commercial banks was at 9.3% at September 30, 2019, similar to the levels in March 2019, and net NPA ratio was at 3.7%.

What is the current NPA in India?

As of March 31, 2018, provisional estimates suggest that the total volume of gross NPAs in the economy stands at Rs 10.35 lakh crore. About 85% of these NPAs are from loans and advances of public sector banks. For instance, NPAs in the State Bank of India are worth Rs 2.23 lakh crore.

Which banks are private?

The first part of the plan would be to sell majority stakes in Bank of India, Central Bank of India, Indian Overseas Bank, UCO Bank, Bank of Maharashtra and Punjab & Sind Bank, leading to an effective privatisation of these state-owned lenders, a government official said.

Which bank has lowest NPA in India?

Private-sector banks in India have higher capital buffer compared to state-owned peersBandhan Bank. 23.2%Kotak Bank. 22.4.HDFC Bank. 16.7.City Union. 15.7.DCB. 13.9.ICICI Bank. 13.6.Axis Bank. 13.5.IndusInd Bank. 13.2.More items…•

What is the amount of NPA in SBI?

As per the assessment done by the RBI, the gross NPA of SBI was Rs 11,932 crore more at Rs 1,84,682 crore as against Rs 1,72,750 crore reported by the bank for 2018-19, SBI said in a regulatory filing.

How do banks reduce NPA?

Other tools available to banks for reducing NPAs:Recovery through Lok Adalat, DRT, SARFAESI proceedings, filing Civil suit for recovery of dues, are the other methods of reducing NPAs.The introduction of Bankruptcy code (IBC) shall give greater relief to lenders in India as secured and unsecured creditors.

Which private bank has highest NPA?

ICICI bankGross and Net NPA While ICICI bank as highest Gross- NPAs, however since it has higher provision coverage ratio, its Net NPAs are lower.