Forecast: Total Non-Performing Loans Net of Provisions to Capital in India

From 2013 to 2023, India's Total Non-Performing Loans Net of Provisions to Capital grew significantly, increasing from 16.7 in 2013 to 37.45 in 2023. The two-year variation shows an average annual rise of around 3.61% from 2022 to 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) from 2018 to 2023 stood at approximately 5.61%.

Forecasts for 2024 to 2028 project a continued increase, with a five-year CAGR of 2.1% and an overall forecasted growth rate of 10.98%. This indicates a steady rise but at a slower pace compared to the past.

Future trends to watch for:

• Regulatory changes and policy interventions aimed at reducing non-performing loans.
• Economic events, such as recessions or booms, impacting loan performance and banking stability.
• Technological advancements in risk management and loan assessment.
• Impact of global economic conditions on India's banking sector.