A recent Reserve Bank of India Financial Stability Report highlights a concerning rise in non-performing assets (NPAs) within the agriculture sector. While overall bank NPAs have decreased to their lowest in a decade, agriculture's share of bad loans has disproportionately increased. As of September 2025, agriculture accounts for 36% of NPAs, significantly higher than its share of bank credit. This contrasts with earlier periods where industry and services dominated NPAs, now comprising only 45% of the total.