Indian banking sector's stressed loans increase to $147.33 billion
As of end-September, the banks' total stressed loans were Rs 8.97 lakh crore
 "Indian banks' stressed loans rise to Rs 9.64 trillion as of December 2016")
A bank officer in Jammu displays a bunch of new ~2000 notes, while customers queue up to withdraw cash. Photo: PTI
Indian banks had stressed loans of Rs 9.64 lakh crore ($147.33 billion) as of end-December, Santosh Gangwar, minister of state for finance, told lawmakers on Friday.
As of end-September, the banks' total stressed loans were Rs 8.97 lakh crore, according to data from the Reserve Bank of India.
Stressed loans include bad loans and restructured or rolled over loans.
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First Published: Mar 18 2017 | 2:09 AM IST