India · Bank Nonperforming Loans Ratio (IMF FSI)

## What this measures

Nonperforming loans as a percent of total gross loans held by deposit takers. India, quarterly.

## Why it matters

Bad loans are where a credit cycle turns into bank losses. A rising ratio warns of tighter lending and, if fast, of a banking problem.

## How to read it

Higher is worse. Definitions of "nonperforming" (usually 90 days overdue) differ somewhat across countries, so compare a country with itself.

## What it does not say

Compiled by national authorities under the IMF's FSI guide; accounting and supervisory rules differ across countries, and coverage of the banking system varies.

## Source

International Monetary Fund, Financial Soundness Indicators (FSI), Core and Additional Indicators, read from the IMF data API (api.imf.org, dataflow IMF.STA/FSIC). https://data.imf.org/ Attribution: Source: International Monetary Fund. Transformations by Palanor where stated. Palanor stores the IMF's figures as published, rounded to at most four significant decimals. IMF data is available free of charge from the IMF. Use follows the IMF Copyright and Usage terms, Special Terms for Statistical Data (imf.org/en/About/copyright-and-terms).