NPAs Of India’s Banks Decline To Multi-Decade Low Of 2.3% - The Commune

NPAs Of India’s Banks Decline To Multi-Decade Low Of 2.3% - The Commune

The soundness and resilience of India’s scheduled commercial banks are bolstered by robust capital buffers, multi-decadal low non-performing loans and strong earnings, according to the RBI’s latest Financial Stability report. The country’s scheduled commercial banks continued to record improvement in their asset quality, with the GNPA ratio and NNPA ratio declining to multi-decadal lows of 2.3 per cent and 0.5 per cent, respectively, the report …

RBI: Indian Banks Strong, NPAs at Lows, Capital Buffers at Peak

National, Top Stories, RBI’s Financial Stability Report highlights the strength of India’s banking sector, with record-high capital buffers and multi-decade low non-performing loan ratios.