Banks' asset quality improves, gross NPAs decline to 9.1%: RBI
The Hindu Business Line|December 25, 2019
Banks have seen significant improvement in their asset quality and their gross nonperforming assets fell to 9.1 per cent by the end of September this year, according to the Reserve Bank of India. This was the same level at March-end 2019.
Banks' asset quality improves, gross NPAs decline to 9.1%: RBI

“The GNPA ratio of all scheduled commercial banks declined in 2018-19 after rising for seven consecutive years, as recognition of bad loans neared completion,” said the RBI report on ‘Trend and Progress of Banking in India 2018-19’.

According to the report, which was released on Tuesday, gross non-performing assets of banks was 11.2 per cent of gross advances in 2017-18.

Similarly, net NPAs also almost halved to 3.7 per cent of net advances in 2018-19 from 6 per cent in 2017-18.

Gross NPAs of public sector banks improved to 11.6 per cent in 2018-19 from 14.6 per cent a year ago, while net NPAs stood at 4.8 per cent from 8 per cent during this period.

هذه القصة مأخوذة من طبعة December 25, 2019 من The Hindu Business Line.

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هذه القصة مأخوذة من طبعة December 25, 2019 من The Hindu Business Line.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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