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Statistical Tools to Analyze the Relationship between GNPA, NNPA, and ROA

Managing NPAs has a lot to do with managing productive assets and ensuring effective corpo­rate governance. If performing assets are turning into NPAs, it is because there is a change in the quality of assets.

As of now, NPAs in most of the nationalized banks are within the permissible limits. In this backdrop it becomes very important to understand the relationship of Non-performing assets and profitability, whether decrease in NPAs leads to increase in profitability or not. This in­formation is very vital in monitoring, regulating and policy formulation. Correlation is calculated taking GNPA Ratio (Gross Non-Performing As­set Ratio) with the profitability measure as ROA (Return on Assets). Results are exhibited in Table 5 and Figure 6.

Table 4. Gross and net NPAS of SCBS (amount in RS. CRORE)

Years Gross NPAs

Amount

GNPA Ratio as % of G. Advances GNPA Ratio % of Total Assets Net

NPAs

Amount

NNPA Ratio % of N.

Advances

NNPA Ratio % of Total Assets
2007 50634 2.5 1.5 20101 1.0 0.6
2008 56668 2.3 1.3 24730 1.0 0.6
2009 70062 2.3 1.2 31564 1.1 0.6
2010 84745 2.2 1.5 39126 1.1 0.7
2011 94084 2.4 1.6 41813 1.1 0.7
2012 137096 3.1 1.6 64900 1.4 0.7

Source: RBI Publication.

There is negative correlation between GNPA with ROA as shown in above figures. An inverse relationship clearly defines that if nonperforming assets are controlled, it increases the profitability.

The above relationship is also strengthened by the most popular statistical method of regression. To have more clarity on the issue, ROA has been taken as dependent variable and GNPA Ratio as independent variable.

Table 6 reveals F value is significant at 0.05 level. It is clearly indicating that the variation caused by independent variables in the value of ROA is significant and cannot be left to chance factors. The above table analyzes the results pro­duced by the Regression Model so as to achieve the objective of analyzing the relationship of NPAs with profitability of banks. The value of Correlation Coefficient (R) and Coefficient of Determination (R square and Adjusted R square) of the finally selected model are less than one which shows the relationship of NPA and profitability is significant at 5% level of significance

Therefore, it is evidently proved that NPAs has an inverse impact on ROA or profitability of banks that means the bank can have an increasing trend of ROA by the effect of the declining trend of GNPAs ratios. This leads us to accept that there is a causal relationship between profitability measure and non-performing ratios. The above analysis would help in improving the quality of assets of banks. In turn the requirement for pro­visioning would automatically come down and it will directly add to the profit of banks.

Table 6. Model summary and anova (f) results

Table 5. Correlation of NPA and ROA in SCBs

Variables Correlation
GNPA Ratio with ROA -0.442

in SCBs

Variables/

Measures

R R2 Adjusted R2 F-Value Sig.
GNPA 0.982 0.964 0.965 106.25 .000

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Source: Banking, Finance, and Accounting: Concepts, Methodologies, Tools, and Applications. IGI Global,2014. — 1593 p.. 2014
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