Gross non-performing assets of non-banking financial companies in India FY 2019-2023
In the financial year 2023, the gross non-performing assets (GNPA) of non-banking financial companies (NBFCs) stood at 2.9 percent. This marked a decrease from the previous year’s GNPA, which was 3.8 percent. GNPA refers to the sum of all the loans that borrowers have failed to repay.