THE financial position of the banks has stayed robust, marked by the sustained expansion in assets and also liabilities/deposits, while their continuing focus on cleaning up their books has led to the gross bad loan ratios dropping to 13-year lows, a central bank report released on Thursday said.
In the latest report on trends and progress of banking, which shares data up to the September quarter and for the fiscal 2024, and released Thursday, the central bank said, system-wide gross non-performing assets ratio (NPA) of banks slipped to an over-13-year low of 2.5% as of September from 2.7% as of March 2024. Similarly, net bad loans fell to 0.57% of total loans during the period under review from 0.62% as of March 2024, driven by stronger loan-loss buffers.
It attributes the strong balance sheets to robust credit growth during 2023-24. Banks' capital to risk-weighted assets ratio was 16.8% as of September, with all bank groups meeting the regulatory minimum requirement and the common equity tier 1 ratio requirement.
この記事は The New Indian Express Kollam の December 27, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The New Indian Express Kollam の December 27, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Wrestling continues to grapple for survival
ARLIER this month, a Greco-Roman wrestler from Railway Sports Promotion Board (RSPB), who was representing Rajasthan in the senior national championships in Bengaluru, got a few calls after he won the first bout.
Teen Konstas takes bowlers to cleaners on his Test debut
JASPRIT Bumrah had just welcomed Sam Konstas to Test cricket.
Shahrukh, Mohamed help TN down UP
Shahrukh Khan's 85-ball 132 not out and Mohamed Ali's 76 not out (75 balls, eight fours, one six) powered Tamil Nadu to a massive 114-run win over Uttar Pradesh at Visakhapatnam in a Group D match of the Vijay Hazare Trophy.
Top Gun 4: Oz batters foil India's plans
In front of record number of fans at MCG on Day 1, Australia top-four help
City pay penalty, Chelsea stunned
ERLING HAALAND had a second-half penalty saved as Manchester City's astonishing slump continued with a 1-1 draw against Everton at the Etihad Stadium.
₹21,367 cr lost in banking frauds in H1, up 8-times
THE number of bank frauds has seen a significant increase during the first half of the current financial year to 18,461 cases, according to the RBI report released on Thursday.
HC bars websites from copying RummyCircle
THE Delhi High Court has passed an order of interim injunction restraining defendants-impugned websites-from using the RummyCircle trademark or any other similar trademark in their domain name and social media posts.
Govt Could Reduce Income Tax Rates in Budget
AMID outcry over the growing tax burden on the middle class, the government might reduce income tax rates for individuals earning up to ₹15 lakh a year, according to a report by Reuters.
Bank balance sheets robust as NPAs decline
RBI report says continuing focus on cleaning up books has led to gross bad loan ratios dropping to 13-year lows
Rupee declines for 3rd straight session, hits low of 85.26
THE rupee continued to bleed for the third consecutive day on Thursday, pressured by a firm dollar and importers' month-end dollar demand.
