Domestic rating agency ICRA, in its banking outlook for FY25, said PSBs' fresh slippage ratio would be at 1.5% in FY25, against 2.2% for private banks. In FY24, too, PSBS' fresh slippage ratio will likely be at 1.3%, lower than 2% for private banks. "PSBs have performed relatively better, with fresh slippage rate of 1.2% in 9MFY24 compared to 2% for private banks," said Anil Gupta, senior vice-president and co-group head of financial sector ratings at ICRA.
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Murdoch ally helps Ambani build media empire in India
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This move is designed to ensure better user experience & privacy
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