New Delhi, July 22 -- Gross non-performing assets (NPAs) of public sector banks have been declining during the last five financial years, the Centre told the Parliament on Tuesday.

The NPAs have reduced from 9.11 per cent to 2.58% from March 2021 to March 2025, said Minister of State for Finance Pankaj Chaudhary in a written reply in Rajya Sabha. Public sector banks saw a sharp decline in their gross NPAs from Rs.6.17 lakh crore in March 2021 to Rs.2.84 lakh crore in March 2025, he added.

Non-Performing Assets (NPA) are loans or advances for which the borrower has not made principal or interest payments for a predetermined amount of time, usually ninety days. While, Gross NPA refers to the total value of loans and advances in a bank's p...