Non-performing loans as a share of bank loans reached 1.72% in fourth quarter of 2023 in India, according to the National Central Bank. This is 52.7% less than in the previous quarter.
Historically, non-performing loans as a share of bank loans in India reached an all time high of 10.9% in 1Q2018 and an all time low of 1.72% in 4Q2023.
India has been ranked 76th within the group of 103 countries we follow in terms of non-performing loans as a share of bank loans.
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