Finance Ministry expects the gross NPA levels of PSBs to go up substantially in the current fiscal because many restructured accounts of previous years may turn into NPAs this fiscal.

Meanwhile, the gross NPA level of new private sector banks increased to Rs 13,772 crore in end March 2010 from a level of Rs 10,419 crore in end March 2008. The gross NPAs of old private sector banks stood at Rs 3,612 crore in end March 2010, higher than the level of Rs 2,557 crore in end March 2008.

The gross NPA level of PSBs stood at Rs 57,301 crore as of end March 2010, much higher than the level of Rs 39,749 crore in end March 2008.