Which Bank Has Lowest NPA In India?

Which bank in India has highest NPA?

State Bank of India (SBI)Among the major public sector banks, State Bank of India (SBI) had the highest amount of NPAs at over Rs 1.86 lakh crore followed by Punjab National Bank (Rs 57,630 crore), Bank of India (Rs 49,307 crore), Bank of Baroda (Rs 46,307 crore), Canara Bank (Rs 39,164 crore) and Union Bank of India (Rs 38,286 crore)..

Which bank in India has lowest NPA?

Three PSBs had NPA ratios of less than 10% – State Bank of India (SBI), Indian Bank and Canara Bank. Three private banks had NPA of less than 2% and eight had between 2-5% and five between 5-10%,” it said.

Which is the safest bank in India?

List of Best, Safe Banks in India1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake. … 2) State Bank of India. … 3) ICICI Bank. … 4) AXIS Bank. … 7) Kotak Mahindra Bank, IndusInd Bank.

Which is the No 1 private bank in India?

21,078 crores in the year 2019, HDFC is one of the leading private banks in India….1. HDFC Bank.Bank ProductsInterest RatesHDFC Home Loan6.95%HDFC Personal Loan10.75%Jul 27, 2020

How we can reduce NPA?

Ways to Reduce NPAsTake possession of the secured assets of the borrower.Sell or lease the security.Manage the borrower’s security or appoint someone to manage the same.

How is NPA calculated?

Gross NPA Ratio is the ratio of gross NPA to gross advances (loans) of the bank. Non-Performing Assets (NPA) ratio: Net NPAs are calculated by deducting provisions from gross NPAs. The net NPA to advances (loans) ratio is used as a measure of the overall quality of the bank’s loan book.

What is SBI NPA?

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. … SBI had posted a profit of Rs 862 crore for 2018-19.

Which public sector bank has lowest NPA?

ICICI BankThe story is similar among private sector banks. In the third quarter, ICICI Bank added Rs 2,091 crore of NPAs, its lowest since the first quarter of fiscal 2016 when it added Rs 1,672 crore in NPAs.

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.