“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.
Esta historia es de la edición December 25, 2019 de The Hindu Business Line.
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