Figure 2
The graph is a scatter plot with a vertical axis labeled “Net N P As (Million I N R)” and ranges from 0 to 140000 in increments of 20000 units. The horizontal axis includes years from 2004 to 2024 in increments of 1 year. The chart displays x-shaped data points representing yearly values of net N P As, and a straight trend line indicating the overall trend across time. Data points begin near 2,000 to 5,000 between 2004 and 2008, increase gradually to around 16,000 by 2012, and continue rising to 36,000 by 2015. Values then increase sharply, reaching 72,000 in 2016 and around 85,000 in 2017, peaking near 134,000 in 2018. After 2018, values decline to 90,000 in 2019 and about 75,000 in 2020, then decrease further to 65,000 in 2021 and around 50,000 in 2022, followed by lower values near 39,000 in 2023 and 35,000 in 2024. The fitted line shows a steady upward trend across the entire period despite the decline after 2018. Note: All numerical values are approximated.Trend in net NPAs (2004–2024). Note: Figure generated by the author. The scatter plot displays net NPAs by year along with the fitted regression line, capturing an upward trajectory until 2018, followed by a decline associated with regulatory and policy interventions