Indian banks and non-bank lenders need to further fortify their balance sheets by following stronger governance and risk-management practices, the Reserve Bank of India (RBI) said in a report released on Wednesday, even as it lauded the industry’s performance across multiple metrics. These measures would help cater to growing aspirations of the Indian economy, the Report on Trends and Progress of Banking in India said.
"The Indian banking system is well positioned to improve further, with better asset quality, high capital adequacy and robust profitability. The financial indicators of non-banking financial companies (NBFCs) are also set to strengthen further, underpinned by adequate capital, increased provisions and improved asset quality," it added.
Bu hikaye Hindustan Times dergisinin December 28, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Hindustan Times dergisinin December 28, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Vikrant Massey: Retirement Or Publicity Stunt?
Early on Monday, actor Vikrant Massey penned a note on Instagram, hinting that he would be stepping away from acting projects "until time deems right."
On Way Out, Biden Issues 'full, Unconditional' Pardon To His Son Hunter In Tax, Gun Cases
Joe Biden on Sunday said he had pardoned his son, Hunter Biden, who pleaded guilty to tax violations and was convicted on firearms-related charges, backtracking on a long-standing promise to keep his hands off the matter and a move that even his most staunch supporters said would besmirch his legacy.
'WE FEEL SIMPLE IS CLASSY, AND CLASSY IS ALWAYS STYLISH'
Actor Rakul Preet Singh and actor-producer Jackky Bhagnani not just excel in their respective careers, but also stand out as one of the most fashionable couples in the industry. And marriage, as they reveal, has only added more sparkle to their bond.
LET THE GAMES BEGIN... AGAIN!
As Squid Game returns to Netflix with its second season, actors Lee Jung-jae and Lee Byung-hun hint at what the new season may have in store for fans
Self-control a must to keep reel and real life separate
As Squid Game returns to Netflix with its second season, actors Lee Jung-jae and Lee Byung-hun hint at what the new season may have in store for fans
Jonita's What Jhumka moment!
The singer, who was the opening act at the Grammy winner's recent India gig, calls her 'an absolute sweetheart'
B'WOOD ON AP'S MIND? 'WHY NOT?'
Ahead of his India tour, AP Dhillon tells Soumya Vajpayee that he'd get into Hindi film music if he doesn't have to 'compromise on' artistic vision
Paris medallist Aman to miss wrestling Natls
Paris Olympics bronze medallist Aman Sehrawat will be among several top wrestlers from Railways who will not participate at the Senior National Wrestling Championships to be held in Bengaluru from December 6.
SINDHU TO GET MARRIED ON DECEMBER 22 IN UDAIPUR
Double badminton Olympic medallist PV Sindhu is set to get married on December 22 with Hyderabad-based Venkata Datta Sai, the player's family confirmed on Monday.
Olympic champs Hassan, Tebogo adjudged 'Athletes of the Year'
Dutch marathon runner Sifan Hassan and Botswanan sprinter Letsile Tebogo, both of whom took gold at the Paris Olympics, were named 'Athletes of the Year' by World Athletics in Monaco on Sunday.
