In fiscal year 2021, private sector banks across India earned a total income of almost 5.46 trillion Indian rupees. This marked an increase compared to 2019 when the total income of private sector banks amounted to under five billion rupees.
However, Indian banks were facing an asset crisis, and in fiscal year 2021, the value of non-performing assets of private banks across the country amounted to around two trillion Indian rupees.
Total income of private sector banks across India from financial year 2017 to 2021
(in trillion Indian rupees)
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Indian Banks' Association. (August 13, 2021). Total income of private sector banks across India from financial year 2017 to 2021 (in trillion Indian rupees) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1068802/india-total-income-of-private-sector-banks/
Indian Banks' Association. "Total income of private sector banks across India from financial year 2017 to 2021 (in trillion Indian rupees)." Chart. August 13, 2021. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1068802/india-total-income-of-private-sector-banks/
Indian Banks' Association. (2021). Total income of private sector banks across India from financial year 2017 to 2021 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1068802/india-total-income-of-private-sector-banks/
Indian Banks' Association. "Total Income of Private Sector Banks across India from Financial Year 2017 to 2021 (in Trillion Indian Rupees)." Statista, Statista Inc., 13 Aug 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1068802/india-total-income-of-private-sector-banks/
Indian Banks' Association, Total income of private sector banks across India from financial year 2017 to 2021 (in trillion Indian rupees) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1068802/india-total-income-of-private-sector-banks/ (last visited November 13, 2024)
Total income of private sector banks across India from financial year 2017 to 2021 (in trillion Indian rupees) [Graph], Indian Banks' Association, August 13, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1068802/india-total-income-of-private-sector-banks/