Signs of slippage: Certain segments of borrowers require attention

Unsecured lending by scheduled commercial banks (SCBs) steadily grew over the past several years and touched 25.5 per cent of the credit extended in March 2023

An analysis of the first-quarter (April-June 2025) results of private-sector banks has shown that slippages have increased across the spectrum. It is also worth noting, as reported by some banks, that stress has emerged from unsecured loans and the agricultural sector. In the case of Axis Bank, for example, slippage increased by over 70 per cent sequentially to ₹8,200 crore.  However, at aggregate level, gross non-performing assets (GNPAs) increased marginally to 1.57 per cent, against 1.28 per cent in the previous quarter. In the case of Yes Bank, gross slippage increased to 2.4 per cent of advances, as against 2