The Reserve Bank of India (RBI) has raised alarms over increasing delinquency and leverage in unsecured loans, urging lenders to adopt enhanced vigilance despite a moderation in overall credit growth. In its Trends and Progress of Banking in India 2023-24 report, the central bank also underscored the importance of closely monitoring inter-linkages between lenders and private credit firms.
Key Metrics from the Report:
- GNPA Levels: Gross non-performing assets (GNPA) as a percentage of gross advances declined to a 13-year low of 2.7% in March 2024 and further improved to 2.5% by the end of September 2024.
- Bank Profitability: Banks continued their profitability streak for the sixth consecutive year in FY2023-24, with a Return on Assets (RoA) of 1.4% and a Return on Equity (RoE) of 14.6% in the first half of FY2024-25.
Key Performers
- HDFC Bank
- Last Price: ₹1,794.80
- Change: +₹4.05 (+0.23%)
- Market Cap: ₹11,05,886 crore
- ICICI Bank
- Last Price: ₹1,304.45
- Change: +₹7.10 (+0.55%)
- Market Cap: ₹7,57,644 crore
- Axis Bank
- Last Price: ₹1,080.40
- Change: +₹3.70 (+0.34%)
- Market Cap: ₹3,26,763 crore
- Bandhan Bank
- Last Price: ₹162.05
- Change: +₹0.58 (+0.36%)
- Market Cap: ₹28,345 crore
- AU Small Finance Bank
- Last Price: ₹552.45
- Change: +₹4.15 (+0.76%)
- Market Cap: ₹46,926 crore
Underperformers
- Indian Bank
- Last Price: ₹542.55
- Change: -₹1.25 (-0.23%)
- Market Cap: ₹69,355 crore
- Bank of Baroda
- Last Price: ₹246.50
- Change: -₹0.18 (-0.07%)
- Market Cap: ₹1,41,902 crore
- Central Bank of India
- Last Price: ₹53.70
- Change: -₹0.08 (-0.15%)
- Market Cap: ₹53,205 crore
