loading
loading
Listen to this article in summarized format For a sample of 29 banks, provisioning for non-performing assets (NPA) fell by 27.3% to ₹21,314 crore. The number of banks that reported a drop in NPA provisioning from the year-ago level was at 23 for the second straight quarter, the highest since the March 2022 quarter, when 25 banks in the sample had reported lower provisioning. Read more: Karan Adani settles PMC Projects case with Sebi by paying Rs 13.65 lakh For the public sector (PSU) banks in the sample, NPA provisioning fell by 19.8% to ₹10,717 crore. The private sector banks registered a sharper fall of 33.6% at ₹10,597.5 crore. In the total sample, eight out of 12 PSU banks and 15 out of 17 private sector banks reported year-on-year reduction in NPA provisioning. For State Bank of India, the country's largest bank by the loan book size, NPA provisioning fell by 31.9% year-on-year to ₹3,359 crore. On a sequential basis, however, NPA provisioning increased by 10.4% in the June quarter, led by increased provisioning from the private sector banks. Their provisioning rose by 46.4% from the previous quarter. On the other hand, PSU banks reported a fall of 11.3%. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
document fetched 2026-09-11 03:00