Over Rs.48000 crore Loan NPA in Banks in Uttar Pradesh, Check SBI, PNB, Bank Wise NPA Amount

In Uttar Pradesh, the condition of loan recovery by banks has become concerning. Over ₹48,000 crores are currently stuck in recovery certificates (RCs). These RCs represent unpaid loans, and banks are struggling to reclaim this money. According to a recent report shared with the government, two of the largest banks in the country – Punjab National Bank (PNB) and Canara Bank – have the highest amount stuck in unpaid loans. PNB alone is waiting for the recovery of ₹7,800 crores, while Canara Bank is trying to recover ₹7,700 crores. Bank Wise amount is given below.

However, not all banks are facing the same challenges. ICICI Bank, Bank of Maharashtra, and Axis Bank have managed to keep their bad loans relatively low, with just ₹85 crores stuck in recovery. This shows that these banks are doing better in managing their loans and recovering unpaid amounts.

Thousands of Recovery Certificates Still Pending

One of the biggest problems is the backlog of recovery certificates in the state. Currently, more than 12.89 lakh recovery certificates are pending in various tehsils across Uttar Pradesh. This means that a huge amount of money that belongs to banks is tied up in these certificates. Banks have been seeking help from the government, particularly at the tehsil level, to recover their money. They’ve even submitted lists of pending recoveries to District Magistrates (DMs) for assistance. Unfortunately, there hasn’t been much improvement, as banks claim they aren’t receiving enough support from the local administration.

Legal Hurdles Under SARFAESI Act

A major part of the problem lies in the delays under the SARFAESI Act, a law that helps banks recover loans from borrowers who have defaulted. Banks need permission from the District Magistrate’s office to proceed with these recoveries, but as of now, 6,478 cases are still waiting for approval. This delay has caused further frustration for the banks as they are unable to recover their stuck amounts.

In an attempt to resolve these issues, the Uttar Pradesh Revenue Council has launched an online portal to speed up the recovery process. This platform aims to help banks recover their money and mortgaged properties more efficiently. It is expected that the pending recovery cases will be handled faster through this online system, giving hope to banks struggling with unpaid loans.

Bank Wise Amount

Now let’s have a look at the bank wise amount that is due for recovery.

Bank	RC filed	NPA Amount (Rs. cr)
Aryavart Bank	317812	6925
Bank of Baroda	52585	2913
Bank of India	47878	818
Baroda UP Bank	179902	5401
Canara Bank	121628	7717
Central Bank	11036	788
Indian Bank	75116	3139
Prathama UP Bank	83770	2170
PNB	168828	7810
SBI	143206	3494
Nainital Bank	213	822
Union Bank	47590	4729