As per
provisional data received from the Reserve Bank of India (RBI), the Gross
Non-Performing Assets (NPAs) of Public Sector Banks (PSBs) as on 30th
June 2013 was Rs. 1,76,009 crore. The
Gross NPAs of PSBs were Rs. 1, 12,489 crore in March 2012 and Rs. 1, 55,890
crore in March, 2013.
Although the Non-Performing Assets
(NPAs) of the bank has shown a rising trend, the position is
continuously and closely being monitored by the Bank and there is no cause for
alarm. The stress on the asset quality is a reflection of the stress in the
economy of the country.
The details of
recovery made by PSBs through suit filed cases, as available with RBI, are as under:
(Amt. in Rs. Crore)
|
Period
|
Suit Filed
|
Amt Recovered
|
%age of
Recovery
|
|
2009-10
|
47,576
|
2,403
|
5.1
|
|
2010-11
|
52,672
|
2,342
|
4.4
|
|
2011-12
|
79,117
|
1,700
|
2.1
|
|
2012-13
|
97,701
|
1,905
|
2.0
|
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