Education bad loans hit banks, NPAs near 9 per cent
Bad loans in the education sector have shown a rising trend in the past three financial years with NPAs nearing 9 per cent of the outstanding by March 2018, according to an official data.
![Education bad loans hit banks, NPAs near 9 per cent Education bad loans hit banks, NPAs near 9 per cent](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2018/08/12/48677-education-reuters.jpg?itok=2z7rnqEA&c=2388bb0dd69282aa3edc8009f17e0c56)
Percentage of NPA to outstanding education loan rose from 7.3 per cent in March 2016 to 7.67 per cent in the following year and then jumped to 8.97 per cent in March 2018. Image source: Reuters