Ranchi: Banks operating in the state have reported a decline of 15.81% in non-performing assets (NPAs), even though NPAs under several government schemes have increased. The State Level Bankers' Committee (SLBC) report stated that total bank credit at the end of 2025-26 stood at Rs 1,76,584.66 crore, of which Rs 7,915 crore (4.48%) was classified as NPA. In comparison, total bank credit in 2024-25 was Rs 1,53,920.43 crore, with NPAs amounting to Rs 8,194.83 crore (5.32%).
Credit Growth and NPA Reduction
The SLBC noted that credit increased by Rs 22,664.23 crore from March 2025 to March 2026, while NPAs declined by Rs 279 crore, representing a 15.81% reduction. This improvement was attributed to enhanced recovery efforts by banks.
Best and Worst Performing Banks
The report highlighted that the best-performing banks on the NPA front were Bank of Maharashtra, SBI, Canara Bank, Karur Vysya Bank, Federal Bank, and Jharkhand Gramin Bank. Conversely, the worst-performing banks included UCO Bank, Punjab National Bank, Bank of India, Karnataka Bank, IndusInd Bank, and Dhanbad Central Cooperative Bank.
Rise in NPAs Under Government Schemes
Officials noted that among government schemes, the Prime Minister's Employment Generation Programme (PMEGP) saw an NPA increase of 28.98%, the Pradhan Mantri Mudra Yojana (PMMY) rose by 10.38%, Stand Up India by 19.41%, and loans to self-help groups (SHGs) by 0.94%.
Recovery Actions Intensified
The SLBC report stated, "Banks have accelerated recovery of bad loans to reduce NPAs, with 2,580 certificate cases worth Rs 55.17 crore and 156 debt recovery tribunal cases worth Rs 69.95 crore filed in the last quarter of the financial year 2025-26. In addition, 600 requests have been sent to district authorities for physical possession of assets in Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) cases."
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