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Trend and Progress of Banking in India 2021-22
January 6 , 2023
468 days
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- This report is statutory compliance in accordance with the Banking Regulation Act 1949.
- It presents the performance of banking sectors (including cooperative banks and NBFCs).
- The consolidated balance sheets of scheduled commercial banks (SCBs) in India registered double-digit growth in 2021-22 after a gap of seven years.
- The gross non-performing assets (GNPA) ratio of SCBs has been declining sequentially from its peak in 2017-18 to reach 5.8% at the end of March 2022.
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