Public sector banks' bad loans over ₹4 lakh cr
According to an analysis by IndiaSpend, the amount due from unpaid loans to India's public sector banks, which is over ₹4.04 lakh crore, would be enough to pay for India's expenditure on defence, education, highways, and health for 2015. These 'bad loans' or gross non-performing assets of public sector banks increased by 450% since March 2011. 