The growth of sticky loans of public sector banks (PSBs) was higher as compared to the private banks during the period. The net non-performing assets (NNPA ) of 17 private banks increased 9.6% during the period, as against 31.4% recorded by 25 PSBs.

The gross non-performing assets (GNPA) of private banks increased 6.7% as against an increase of 29.8% of PSBs. Among the PSBs, highest increase in GNPA was registered by Bank of India, followed by State Bank Of Patiala.

Average NNPAs to net advances ratio of 25 PSBs increased to 0.86% from the year-ago figure of 0.79%. And in the case of private banks, the ratio increased to 1.14% during the study period from 0.97%.

In absolute terms, the NNPA of 17 private banks increased from Rs 6,677 crore in July-September ’08 to Rs 7,317 crore in July-September ’09. Among the private banks, DCB showed the highest growth in NNPA , followed by ING Vysya Bank. The NNPA of ICICI Bank increased from Rs 4,233 crore to Rs 4,499 crore during the study period.

In the case of 25 PSBs, the NNPA increased from Rs 17,487 crore to Rs 22,975 crore. The highest increase in NNPA, too, was seen in case of Bank of India and State Bank of Patiala. The countries largest bank, State Bank of India, registered a growth of 50% in sticky loans during the period.

Among private banks, ICICI Bank increased its NNPAs to net advances ratio from 1.91% in July-September ’08 to 2.36% in July-September ’09 and HDFC Bank showed a decline from 0.6% to 0.50%.

The top three private banks, according to the ratio of NNPAs to advances during July-September ’09, are DCB, Kotak Mahindra Bank and ICICI Bank. Among the PSBs, SBI increased its NNPAs to net advances ratio from 1.34% to 1.73% and Canara Bank from 0.89% to 1.16%.