Non-performing assets (NPAs) have long been one of the most visible and frightening issues that have shaken the whole banking industry around the world. As a result, the study's primary goal is to elucidate the facts surrounding NPAs, which have harmed the Indian banking industry's soundness, profitability, and performance between 1998–1999 and 2019–2020. The future trends NPAs across ownership types and sectoral groups were also explored. The estimations of NPAs drivers are examined in the second stage regression analysis, which takes into account factors such as innovative COVID-19 and policy initiatives. Later, a clear ranking for 52 samples in Indian banks was utilised to verify stability using the ratio of net NPAs to net advances. During the pre-crisis and crisis periods, gross NPAs and net NPAs as a percentage of gross advances both fell dramatically, according to the trend analysis. During turbulent years, however, they significantly rose. Finally, we noticed that the asset quality of scheduled commercial banks and public sector banks is improving following a seven-year gap during the COVID-19 years. In a Phase II regression analysis, this scenario was thoroughly explored for Indian banks and statistically proved that severe policy actions and the negligible influence of the unique COVID-19 crisis contributed to a decrease in their NPAs ratio during 1999–2020. Credit expansion, recognition and resolution of non-performing assets via the Insolvency and Bankruptcy Code Act, recapitalization of PSBs, and ongoing reforms in the COVID-19 period are all major contributors to sporadic credit default in SCBs and PSBs' balance sheets—which began in 2017–2018 and continued in 2019–2020.

长期以来，不良资产 (NPA) 一直是震撼全球银行业的最明显和最可怕的问题之一。因此，该研究的主要目标是阐明 NPA 的相关事实，这些事实在 1998-1999 年和 2019-2020 年间损害了印度银行业的稳健性、盈利能力和业绩。还探讨了跨所有制类型和部门组的 NPA 的未来趋势。在第二阶段回归分析中检查了对 NPA 驱动因素的估计，其中考虑了创新的 COVID-19 和政策举措等因素。后来，印度银行的 52 个样本的明确排名被用于使用净 NPA 与净垫款的比率来验证稳定性。在危机前和危机时期，根据趋势分析，总不良资产和净不良资产占总预付款的百分比均大幅下降。然而，在动荡的岁月里，它们显着上升。最后，我们注意到，在 COVID-19 年出现 7 年的差距后，定期商业银行和公共部门银行的资产质量正在改善。在第二阶段的回归分析中，对印度银行的这种情况进行了深入探讨，并在统计上证明了严厉的政策行动和独特的 COVID-19 危机的微不足道的影响导致 1999 年至 2020 年期间其 NPA 比率下降。通过《破产和破产法》对不良资产进行信贷扩张、确认和解决、公共服务机构的资本重组、