{"id":553,"date":"2019-09-04T21:49:39","date_gmt":"2019-09-04T21:49:39","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2019\/09\/04\/npas-likely-to-come-down-by-this-fiscal-but-assets-over-rs-1-lakh-crore-still-not-recognised-as-bad-loans\/"},"modified":"2019-09-04T21:49:39","modified_gmt":"2019-09-04T21:49:39","slug":"npas-likely-to-come-down-by-this-fiscal-but-assets-over-rs-1-lakh-crore-still-not-recognised-as-bad-loans","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2019\/09\/04\/npas-likely-to-come-down-by-this-fiscal-but-assets-over-rs-1-lakh-crore-still-not-recognised-as-bad-loans\/","title":{"rendered":"NPAs likely to come down by this fiscal, but assets over Rs 1 lakh crore still not recognised as bad loans"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"article-image\">\n<figure><img fetchpriority=\"high\" decoding=\"async\" class=\"lazy lazy-hidden size-full wp-image-1695348\" src=\"http:\/\/www.financialexpress.com\/wp-content\/plugins\/a3-lazy-load\/assets\/images\/lazy_placeholder.gif\" data-lazy-type=\"image\" data-src=\"https:\/\/images.financialexpress.com\/2019\/09\/rupee-falls.jpg\" alt=\"rupee falls, rupee falls again, rupee falls today, rupee falls against dollar\" width=\"660\" height=\"440\" srcset=\"\" data-srcset=\"https:\/\/images.financialexpress.com\/2019\/09\/rupee-falls.jpg 660w, https:\/\/images.financialexpress.com\/2019\/09\/rupee-falls-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/09\/rupee-falls-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/09\/rupee-falls-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><noscript><img decoding=\"async\" class=\"size-full wp-image-1695348\" src=\"https:\/\/images.financialexpress.com\/2019\/09\/rupee-falls.jpg\" alt=\"rupee falls, rupee falls again, rupee falls today, rupee falls against dollar\" width=\"660\" height=\"440\" srcset=\"https:\/\/images.financialexpress.com\/2019\/09\/rupee-falls.jpg 660w, https:\/\/images.financialexpress.com\/2019\/09\/rupee-falls-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/09\/rupee-falls-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/09\/rupee-falls-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><\/noscript><span class=\"article-caption\">Nearly half of Rs 4.1 lakh crore of stressed assets are part of power, infrastructure and steel sectors put together.<\/span><\/figure>\n<\/div>\n<p>Even as gross non-performing assets (NPAs) are expected to come down marginally by end of ongoing fiscal, assets over Rs 1 lakh crore that are under pressure are still to be recognised as bad loans, a report said. Assets to the tune of Rs 1.3 lakh crore that are estimated to be under stress are yet to be recognised as NPAs, a joint report by ASSOCHAM-CRISIL titled \u2018Bolstering ARCs\u2019 said. Adding, it said that the gross loans of the banks are likely to come down marginally to Rs 9.1 lakh crore from Rs 9.4 lakh crore as on March 31, 2019. \u201cOver and above this, assets of around Rs 1.3 lakh crore are estimated to be under stress but have not been recognised as NPAs, these assets could potentially slip into NPAs over the near to medium term,\u201d the report added.<\/p>\n<p>Nearly half of Rs 4.1 lakh crore of stressed assets are part of power, infrastructure and steel sectors put together. The power sector accounts for the largest proportion, and resolution in this sector has not been to a significant level.<\/p>\n<p><a href=\"https:\/\/www.financialexpress.com\/industry\/banking-finance\/canara-bank-board-to-meet-next-week-to-consider-rs-9000-crore-capital-infusion\/1695523\/\" target=\"_blank\" rel=\"noopener noreferrer\"><b>Also read: Canara Bank board to meet next week to consider Rs 9,000-crore capital infusion<\/b><\/a><\/p>\n<p>Meanwhile, the banks have limited their NPA ratio at 9.1 percent in FY19 down from 11.2 percent a year before on account of early recognition and resolution of stressed assets, said the <a target=\"_blank\" href=\"http:\/\/www.financialexpress.com\/tag\/rbi\/\" rel=\"noopener noreferrer\">RBI<\/a> report of 2019. The fresh slippages have also come down and as a result, the system-level provision coverage ratio has rose to 60.9 percent during the period. \u201cSteadfastly pursued recognition, repair and resolution resulted in the gross NPA ratio declining to 9.1 percent in FY19 from 11.2 percent in FY18,\u201d it added.<\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from BSE and NSE and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\" https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\" https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Nearly half of Rs 4.1 lakh crore of stressed assets are part of power, infrastructure and steel sectors put together. Even as gross non-performing assets (NPAs) are expected to come down marginally by end of ongoing fiscal, assets over Rs 1 lakh crore that are under pressure are still to be recognised as bad [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-finance"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=553"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/554"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}