Indian Banking: Global Perspective

Indian banks domestically have done reasonably well during 2020-21 and also in the first half of 2021-22, notwithstanding the pandemic woes. Gross NPAs of SCBs have come down to 6.9 percent, the lowest in 06 years, as of September 2021 from an all-time high of 11.5 percent in March 2018.PSBs have earned profit in 2021 for the first time in 05 years.