NPAs

NPAs of India’s banks decline to multi-decade low of 2.3 pc

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NPAs of India’s banks decline to multi-decade low of 2.3 pc

Follow Us on Google News Mumbai, July 2 (IANS) The soundness and resilience of India’s scheduled commercial banks are bolstered by robust capital buffers, multi-decadal low non-performing loans and strong earnings, according to the RBI’s latest Financial Stability report. The country’s scheduled commercial banks continued to record improvement in their asset quality, with the GNPA … Read more

NPAs of Indian banks likely to decline by another 0.4 per cent by March: Fitch

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NPAs of Indian banks likely to decline by another 0.4 per cent by March: Fitch

New Delhi, Jan 24 (IANS) The gross non-performing assets (NPAs) ratio of Indian banks may decline by another 0.4 per cent to 2.4 per cent by March 2025 followed by a further 0.2 per cent dip in the next financial year, according to rating agency Fitch. Although the stress in retail loans is rising, particularly … Read more