Banks' stressed loans rise to $147.33 billion as of December 2016
MUMBAI: Indian banks had stressed loans of 9.64 trillion rupees ($147.33 billion) as of end-December, Santosh Gangwar, minister of state for finance, told lawmakers on Friday.
As of end-September, the banks' total stressed loans were 8.97 trillion rupees, according to data from the Reserve Bank of India.
Stressed loans include bad loans and restructured or rolled over loans.
As of end-September, the banks' total stressed loans were 8.97 trillion rupees, according to data from the Reserve Bank of India.
Stressed loans include bad loans and restructured or rolled over loans.
