Treatment of NPAs and Provisioning

Group's NON-PERFORMING LOANS

RATIO
4.00%
3.50%

● Societe Generale asset quality has improved 3.00%

2.50%
in the past 4 financial years with their NPAs 2.00%

reducing from 3.5% in FY19 to 2.6% in 1.50%

1.00%
FY22. 0.50%
0.00%
Sep-19 Sep-20 Sep-21 Dec-21 Jun-22 Sep-22
● GCR has been stable around 50% and NPAs
Gross coverage rate
has been reduced owing to recoveries post
0.56
pandemic 0.55
0.54

● Societe Generale did not face any adverse 0.53

0.52
asset quality issues due to Covid as most of 0.51

their lending is towards highly rated firms. 0.5

0.49
0.48
0.47
Sep-19 Sep-20 Sep-21 Sep-22
1
Treatment of NPAs and Provisioning

● ING Bank was slightly impacted during

covid as Gross NPA increased from 1.3476%
to 1.524% ( Gross NPA).

● The banks has shown signs of recovery post

pandemic as the both Net NPA and Gross
NPA have attained values (0.739% and
1.326% respectively) better than pre
Provision Coverage Ratio
pandemic level.
45.000%
44.276%
44.000%
● The improvement in Net NPA is majorly due 43.000%
43.280%

to the steady improvement in provision 42.000%

coverage ratio from 40.379% to 44.276% 41.000%

40.379%
40.000%

39.000%

38.000%
2019 2020 2021