An analysis of RBI data showed that agriculture, Micro and Small industries are not the major defaulters in bank loans resulting in mounting non-performing assets (NPAs) of commercial banks especially public sector banks.
Reserve Bank Deputy Governor S SMundra told a CII banking summit that the medium and large industries together accounted for more than half of the NPAs in the country. This figure has been growing since 2013 when it was around 37 per cent and it has grown to over 55 per cent in the first half of 2015-16 financial year.
Agriculture sector had lowest NPAs at 7.9 per cent in the first half of 2015-16 indicating farmers are more prompt in paying back loans despite periodic crop failures due to vagaries of weather in particular.Micro and small industries too did not do that badly. While micro industries accounted for 12.3 per cent of NPAs, small industries 16.8 per cent of NPAs during April-September 2015.
All Banks ( Gross +Restd. + W/Off Assets (%) )
| Mar 13 | Mar 14 | Mar 15 | Sep 15 | |
| Agriculture | 8.2 | 7.4 | 7.5 | 7.9 |
| Industry (Micro) | 10.2 | 10.0 | 10.5 | 12.3 |
| Industry (Small) | 13.2 | 13.3 | 14.8 | 16.8 |
| Industry (Medium) | 20.2 | 23.6 | 27.0 | 31.5 |
| Industry(Large) | 16.3 | 19.0 | 23.0 | 23.7 |
The Gross NPA for all banks has accelerated to 5.1 per cent during April-September 2015.
All Banks
| Mar 13 | Mar 14 | Mar 15 | Sep 15 | |
| Gross NPA (%) | 3.42 | 4.1 | 4.6 | 5.1 |
