In absolute terms, NPAs increased 32.7 percent year on year to Rs 3.46 lakh crore at the end of March.
The 20 banks that haveÂ declaredÂ theirÂ earningsÂ for the March quarter so far saw their collectiveÂ non-performingÂ assetsÂ rise to 8.32 percent of all the loans on their books, CARE Ratings said in a report.
Of the 20 lenders, 11 belonged to the private sector, while 9 were state-owned. At the end of March last year, their collective NPAs constituted 7.17 percent of their loans.
In absolute terms, NPAs increased 32.7 percent yearÂ on year to Rs 3.46 lakh crore at the end of March. In comparison, all theirÂ advances put together rose 14.4 percent over the same period.
The share of NPAs in total loans, also called NPA ratio, increased for all banks exceptÂ Yes BankÂ andÂ Kotak Mahindra BankÂ among the private ones,Â andÂ Vijaya BankÂ andÂ Indian BankÂ among the state-owned ones.
The banks that saw their NPA ratio rise the most over the last year were UCO BankÂ (7.52 percent of total loans),Â Dena BankÂ (5.77 percent),Â Union BankÂ (4.56 percent),Â Oriental Bank of CommerceÂ (3.90 percent),Â Allahabad BankÂ (2.87 percent) andÂ Bank of MaharashtraÂ (2.55 percent).
In terms ofÂ new NPAs, which weren't on the books this time last year, Union Bank, Canara Bank, Allahabad Bank, Dena Bank and Oriental Bank of Commerce reported the highest figures among the public sector lenders.
Among private banks, ICICI Bank and Axis Bank saw the highest amount ofÂ new NPAs over the past year, CARE said.
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