In today's era the way demand of investments are increasing due to the increase in buisness. This have led to increase in lending rate of funds by Banks.
In India NPA in a big problem for the banks operating in India, But government is also keeping an eye on the defaulters and victory of Indian Banks in case filed against one of the biggest defaulter of India (Vijay Malya) in UK Court.
Top 10 Countries With Highest Number Of NPA.
1. GREECE
Greece is a country in the Balkans and it has the highest number of NPA. NPA in Greece is 36.4%.
2. ITALY
Italy is a country in Europe and it has the second highest number of NPA. NPA in Italy is 16.4%.
3. PORTUGAL
Portugal is a country in Europe and it has the third highest number of NPA. NPA in Portugal is 15.5%.
4. IRELAND
Ireland is a country in Europe and it has the fourth highest number of NPA. NPA in Ireland is 11.9% .
5. INDIA
India is a country in South Asia and it is ranked 5th in this list of highest number of NPA. NPA in India is 9.9% .
6. RUSSIA
Russia is a country in Eurasia and it is ranked 6 in this list of highest number of NPA. NPA in Russia is 9.7%.
7. SPAIN
Spain is a country in Europe and it is ranked 7 in the list of highest number of NPA. NPA in Spain is 5.3% .
8. BRAZIL
Brazil is a largest country in both South America and Latin America and ranked 8 in the list of highest number of NPA. NPA in Brazil is 3.7% .
9. FRANCE
France is a country in Europe and it is ranked 9 in the list of highest number of NPA. NPA in France is 3.4% .
10. SOUTH AFRICA
South Africa is a Southmost country in Africa and It is ranked 10 in the list of highest number of NPA. NPA in South Africa is 2.8% .
*NPA = Non Performing Assets of members of G8,BRICKS and PIGS Groupings
Source= CARE.
The end
In India NPA in a big problem for the banks operating in India, But government is also keeping an eye on the defaulters and victory of Indian Banks in case filed against one of the biggest defaulter of India (Vijay Malya) in UK Court.
Top 10 Countries With Highest Number Of NPA.
1. GREECE
Greece is a country in the Balkans and it has the highest number of NPA. NPA in Greece is 36.4%.
2. ITALY
Italy is a country in Europe and it has the second highest number of NPA. NPA in Italy is 16.4%.
3. PORTUGAL
Portugal is a country in Europe and it has the third highest number of NPA. NPA in Portugal is 15.5%.
4. IRELAND
Ireland is a country in Europe and it has the fourth highest number of NPA. NPA in Ireland is 11.9% .
5. INDIA
India is a country in South Asia and it is ranked 5th in this list of highest number of NPA. NPA in India is 9.9% .
6. RUSSIA
Russia is a country in Eurasia and it is ranked 6 in this list of highest number of NPA. NPA in Russia is 9.7%.
7. SPAIN
Spain is a country in Europe and it is ranked 7 in the list of highest number of NPA. NPA in Spain is 5.3% .
8. BRAZIL
Brazil is a largest country in both South America and Latin America and ranked 8 in the list of highest number of NPA. NPA in Brazil is 3.7% .
9. FRANCE
France is a country in Europe and it is ranked 9 in the list of highest number of NPA. NPA in France is 3.4% .
10. SOUTH AFRICA
South Africa is a Southmost country in Africa and It is ranked 10 in the list of highest number of NPA. NPA in South Africa is 2.8% .
*NPA = Non Performing Assets of members of G8,BRICKS and PIGS Groupings
Source= CARE.
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