ET Graphics: Mortgage write-offs by PSBs prime Rs 58,000 crore in FY25 at the same time as financial institution frauds, NPAs surge

Gross non-performing belongings (GNPAs) of PSBs declined to ₹2.83 lakh crore in March 2025 with a GNPA ratio of two.58%, down from 4.97% in 2023.

Regardless of this, main banks like SBI, Canara Financial institution, PNB and UBI collectively wrote off over ₹58,000 crore in loans. In the meantime, financial institution frauds of ₹1 lakh and above surged to ₹36,013 crore in FY25, reversing a two-year decline.

RBI information additionally recorded 1,629 wilful defaulters and a complete mortgage excellent of ₹1.62 lakh crore.