What is the gross NPA ratio of banks in India?

India's scheduled commercial banks had a gross NPA ratio of 1.8% at the end of March 2026, says the RBI's Financial Stability Report. RBI calls it a multi-decadal low and says the improvement was broad-based across bank groups. A year earlier, in March 2025, the ratio was 2.3%.

Source · RBI, figure for March 2026 · checked

TL;DR: Scheduled commercial banks in India recorded a decadal-low gross NPA ratio of 1.8% in 2026, backed by high provision coverage (RBI Financial Stability Report, 2026). Checked 1 November 2026.
Mar 2024: 2.8 %2.8Mar 2024 Sep 2024: 2.6 %2.6Sep 2024 Mar 2025: 2.3 %2.3Mar 2025 Sep 2025: 2.2 %2.2Sep 2025 Mar 2026: 1.8 %1.8Mar 2026
Gross NPA ratio of scheduled commercial banks (%)

History

PeriodValue (%)
Mar 20261.8
Sep 20252.2
Mar 20252.3
Sep 20242.6
Mar 20242.8
1.8%
gross NPA ratio of scheduled commercial banks · March 2026
Range
1.8% in March 2026; 2.2% in September 2025
Confidence
High: an official count
Last checked

The gross NPA (GNPA) ratio is bad loans as a share of all loans. RBI reports it for scheduled commercial banks (SCBs) in its Financial Stability Report, twice a year. It does not cover NBFCs or urban co-operative banks, which the report treats separately.

The figures side by side

MeasureFigureSource
Gross NPA ratio, March 20261.8%RBI, FSR June 2026
Gross NPA ratio, September 20252.2%RBI, FSR December 2025
Gross NPA ratio, March 20252.3%RBI, FSR June 2025
Gross NPA ratio, September 20242.6%RBI, FSR December 2024
Gross NPA ratio, March 20242.8%RBI, press release June 2024

How we got this number

  1. Read the gross NPA (GNPA) ratio of scheduled commercial banks from Chapter II of the RBI Financial Stability Report, June 2026: 1.8% at the end of March 2026.
  2. Take the earlier ratios from RBI's earlier reports: 2.2% in September 2025, 2.3% in March 2025, 2.6% in September 2024 and 2.8% in March 2024.
  3. Work out the change from a year earlier: 2.3% in March 2025 less 1.8% in March 2026 is 0.5 percentage point.

What this number does not tell you

  • RBI publishes this ratio twice a year, so the latest figure can be up to six months old. Banks' own quarterly results show newer numbers, bank by bank.
  • Each earlier ratio is the one that report printed. RBI can restate past data in later reports.
  • The ratio is a system-wide average. Individual banks and sectors can sit well above or below it.
  • The March 2024 ratio comes from RBI's press release for the June 2024 report, not from Chapter II.

Sources

  1. RBI, Financial Stability Report, June 2026 (Chapter II), 30 Jun 20262.6 Asset quality of SCBs improved further in March 2026, with GNPA ratio declining to a multi-decadal low level of 1.8 per cent. The improvement in asset quality was broad-based across bank groups ( Chart 2.2 a and b ).
  2. RBI, Financial Stability Report, December 2025 (Chapter II), 31 Dec 20252.7 PSBs and FBs led the continued improvement in asset quality. At the aggregate level, the GNPA ratio of SCBs declined to a fresh multi-decadal low of 2.2 per cent, and their NNPA ratio remained at a record low of 0.5 per cent ( Chart 2.2 a )
  3. RBI, Financial Stability Report, June 2025 (Chapter II), 30 Jun 20252.5 SCBs continued to record improvement in their asset quality, with the GNPA ratio and NNPA ratio 5 declining to multi-decadal lows of 2.3 per cent and 0.5 per cent, respectively
  4. RBI, Financial Stability Report, December 2024 (Chapter II), 30 Dec 20242.5 Asset quality of SCBs improved further, with their GNPA ratio declining to a 12-year low of 2.6 per cent in September 2024 ( Chart 2.2 a ).
  5. RBI, press release on the Financial Stability Report, June 2024, Jun 27, 2024SCBs’ gross non-performing assets (GNPA) ratio fell to a multi-year low of 2.8 per cent and the net non-performing assets (NNPA) ratio to 0.6 per cent at end-March 2024.

Worked out by us: 0.5 (2.3% (March 2025, RBI) minus 1.8% (March 2026, RBI), in percentage points).

Questions people ask

What is the gross NPA ratio of Indian banks now?

1.8% of loans at the end of March 2026, a multi-decadal low, according to RBI's Financial Stability Report of June 2026.

How has the gross NPA ratio changed in two years?

It fell from 2.8% in March 2024 to 2.6% in September 2024, 2.3% in March 2025, 2.2% in September 2025 and 1.8% in March 2026.

When will RBI publish the next figure?

In the December 2026 Financial Stability Report, which will give the ratio for September 2026. RBI publishes the report twice a year, in June and December.

Read next

This figure is from RBI's own release or a report quoting it. We recheck it half-yearly. If you have a newer or better source, send it to us.

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