Bad assets of PSBs fell to 3.12% in Sep: Fin Min
Hindustan Times Uttarakhand|December 13, 2024
NEW DELHI: The government said on Thursday that policy reforms in the financial sector have restored the health of the banking sector, with the gross non-performing asset (NPA) ratio of public sector banks (PSBs) falling to 3.12% in September 2024 from a peak of 14.58% in March 2018 and 4.97% in March 2015.
SUBHASH NARAYAN

The reforms also increased the capital adequacy ratio of PSBs by 396 basis points (bps) to 15.43% in September 2024 from 11.45% in March 2015.

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