The present study strives to identify the major factors influencing the non-performing assets (NPAs) of public sector banks (PSBs) in India using a panel dataset comprising of 26 PSBs over the period 1999-2000 to 2015-16. The results reveal that business per employee, operating inefficiency, priority sector lending, inflation and real interest rate have a significant positive influence on increasing NPAs of banks while credit orientation, higher capital adequacy, net interest margin, non-interest income, GDP growth, and financial intermediation are found to exert a significant favourable effect of lowering NPAs of banks. Most interestingly, the study also shows that the level of corruption and the rule of law significantly impacted the NPAs of Indian banks during the period under study.

本研究使用由 1999-2000 年至 2015-16 年期间的 26 个 PSB 组成的面板数据集，力求确定影响印度公共部门银行 (PSB) 不良资产 (NPA) 的主要因素。结果显示，人均业务、经营效率低下、优先部门贷款、通货膨胀和实际利率对银行不良资产增加有显着的正向影响，而信贷导向、资本充足率提高、净息差、非利息收入、GDP增长、金融中介在降低银行不良资产方面发挥了显着的有利作用。最有趣的是，该研究还表明，在研究期间，腐败程度和法治显着影响了印度银行的不良资产。