For that indicator, we provide data for India from 2005 to 2021. The average value for India during that period was 6.11 percent with a minimum of 2.45 percent in 2008 and a maximum of 9.98 percent in 2017.
The latest value from 2021 is 6.54 percent. For comparison, the world average in 2021 based on 122
countries is 5.92 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
The percent non-performing loans in India reflects the health of the banking system. A higher percent of such loans shows that banks have difficulty collecting interest and principal on their credits. That may lead to less profits for the banks in India and, possibly, bank closures.
Definition: Bank nonperforming loans to total gross loans are the value of nonperforming loans divided by the total value of the loan portfolio (including nonperforming loans before the deduction of specific loan-loss provisions). The loan amount recorded as nonperforming should be the gross value of the loan as recorded on the balance sheet, not just the amount that is overdue.