There is no evidence that employee funds in public sector banks have been written off as nonperforming assets in recent years.
The pension scheme in public banks was created using the same principles that the RBI uses for its retirees. The general conditions of the bank pension scheme are on the lines of the RBI Pension Scheme, according to clauses 6 and 12 of the Memorandum of Settlement dated October 29, 1993.
According to The Hindu, as of June 2016, public and private sector banks' gross NPA totaled over ₹6 lakh crore. The total value of the top twenty NPA accounts held by Public Sector Banks is Rs. 1.54 lakh crores.
According to the Financial Express, due to disruptions caused by the coronavirus pandemic, banks' gross NPA is expected to rise to 11.3-11.6 percent by the end of 2021, up from 8.6 percent in March 2020. Fresh gross slippages are expected to be 5-5.5 percent of standard advances in 2020-21, according to a report from credit rating agency ICRA, which will increase banks' credit provision and impact their earnings.