MoS Finance Pankaj Chaudhary announces Scheduled Commercial Banks' Gross NPAs fall to record 2.15% in September 2025

Key facts

• Gross NPAs of Scheduled Commercial Banks (SCBs) for domestic operations declined to a historic low of 2.15% as of September 2025.
• Public sector banks (PSBs) recorded a gross NPA ratio of 2.50%, private sector banks 1.73%, and foreign banks 0.80% as on 30 September 2025.
• The slippage ratio for PSBs fell to 0.8% in September 2025, lower than the 1.8% recorded by private sector banks.
• Over 30,000 pre-admission cases involving defaults of ₹13.78 lakh crore were settled under the Insolvency and Bankruptcy Code (IBC) as of March 2025.
• The Reserve Bank of India (RBI) initiated the Asset Quality Review in 2015, followed by the government's 4R strategy: recognition, resolution, recapitalisation, and reforms.