Non-performing loans reached 590 INR bil in 2008 in India, according to the National Central Bank. This is 1.53 % less than in the previous year.
Historically, non-performing loans in India reached an all time high of 9,058 INR bil in 2017 and an all time low of 590 INR bil in 2008. When compared to India's main peers, non-performing loans in China amounted to 564 CNY bil and 359 PKR bil in Pakistan in 2008.
India has been ranked 10th within the group of 75 countries we follow in terms of non-performing loans.
A non-performing loan is a loan that is in default or close to being in default.