The banking rate, which saw some improvement in the second half of 2020, is likely to be worse in the first six months of 2021, the study said.
![](https://therealityhunt.live/wp-content/uploads/2021/03/476313-5-202014-10-171COVIDCASH413JPG.jpeg)
![](https://therealityhunt.live/wp-content/uploads/2021/03/476313-5-202014-10-171COVIDCASH413JPG.jpeg)
These findings form part of the 12th round of bank research conducted by FICCI-IBA between July and December 2020. The survey was conducted on 20 banks, including state-owned companies, private companies and foreign banks.
In the current survey cycle, half of the responding banks reported a decline in NPAs during the second half of 2020. About 78% of state-owned banks reported a decline in NPA rates.
“However, by looking at it, about 68% of responding banks expect NPA rates to be more than 10% by the first half of 2021,” the study said. About 37% of respondents expect NPA levels to be higher than 12%.