GOVERNMENT OF INDIA
MINISTRY OF  FINANCE
LOK SABHA
UNSTARRED QUESTION NO 3976
ANSWERED ON   04.01.2019
NPA under Educational Loans
3976 . Adhikari Shri Sisir Kumar
Will the Minister of FINANCE be pleased to state:-
(a) whether Non Performing Assets (NPA) in the education sector rose to nine percent during the two years period 2016-18;

(b) if so, whether NPAs recorded high for the engineering stream in compare to other management courses and if so, the details thereof;

(c) whether the bad loans on education sector was 1.3 per cent upto the financial year 2014-15 and if so, the details thereof; and

(d) the details of education loans disbursed by the Indian Banks and the repayment position since 2014-15 to till October, 2018 Stream/Sector-wise?
ANSWER
(MINISTER OF STATE IN THE MINISTRY OF FINANCE)

(a) As per information provided by Indian Banks’ Association (IBA), Non-Performing Assets (NPAs) of Public Sector Banks (PSBs) increased from 7.29% as on 31st March, 2016 to 8.97% as on 31st March, 2018.

(b) Stream-wise NPAs of PSBs as on 31st March, 2018 is as under:

Stream NPA %age
Medical Profession 6.06
Engineering 9.76
Nursing Courses 21.28
MBA 5.59
Other Profession 9.49
Source: PSBs

(c) As per information provided by IBA, NPAs of PSBs was 5.70% as on 31st March, 2015.

(d) Repayment received by PSBs under Education loans since 2014-15 till 2017-18:

FY Amount (Rs in Crore)
2014-15 8537.00
2015-16 9124.95
2016-17 11548.87
2017-18 13766.82
Source: PSBs

Stream-wise Data on Education Loan Disbursed since 2014-15 till 2017-18:

(Amount in Rs in Crore)
FY Medical Profession Engineering Nursing Courses MBA Other Profession
2014-15 1029.00 3840.16 884.00 1715.00 5570.80
2015-16 1330.38 6541.80 1098.20 2049.48 3079.32
2016-17 1360.67 6774.49 1154.12 2097.65 4817.00
2017-18 3036.50 3048.79 2263.74 1366.30 4290.37
Source: IBA
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