India’s Banking Sector Hits 20-Year NPA Low, Records Strongest Profit Surge

December 11, 2025 9:47 AM

India’s Banking Sector Hits 20-Year NPA Low, Records Strongest Profit Surge

India’s banking sector has entered its most stable phase in two decades, with non-performing assets (NPAs) falling sharply and profitability reaching record levels. Official data released on Wednesday shows a system transformed by reforms, digital growth and improved financial discipline. Gross NPAs dropped to 2.31% by March 2025, the lowest in 20 years, compared with a peak of 11.46% in 2018. Net NPAs also declined to 0.52%, reflecting stronger provisioning and tighter risk controls. Public ...

Banking sector crucial to India’s growth story: President Murmu

September 2, 2025 3:24 PM

Banking sector crucial to India’s growth story: President Murmu

President Droupadi Murmu on Tuesday highlighted the pivotal role of the banking industry in India’s economic growth while addressing the 120th foundation day celebrations of City Union Bank in Chennai, Tamil Nadu. Speaking at the event, the President said India is among the fastest-growing large economies in the world and the banking sector has been central to its growth journey. “The role of banks has expanded beyond financial transactions. They are not just custodians of wealth but provid...