Non-performing loans as a share of bank loans reached 1.72% in 2023 in India, according to the National Central Bank. This is 64.2% less than in the previous year.
Historically, non-performing loans as a share of bank loans in India reached an all time high of 9.98% in 2017 and an all time low of 1.72% in 2023.
India has been ranked 78th within the group of 106 countries we follow in terms of non-performing loans as a share of bank loans.
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