Banks' gross NPA ratio hits multi-year low of 2.8%
Indian banks have been boosted by rising profitability and declining non-performing assets.
Indian banks have been boosted by rising profitability and declining non-performing assets.
Applies to all new retail and MSME term loans sanctioned from October 1 onwards.
Nirmala Sitharaman in an interview with OPEN Magazine's Rajeev Deshpande and PR Ramesh talks about welfare and growth
Gross NPA ratio of all scheduled commercial banks declined to an 11-year low of 3.2% at the end of September 2023.
The number of frauds in banks jumped to 14,483 during the April-September period of the current fiscal.
Banks and NBFCs make investments in units of AIFs as part of their regular investment operations.
While it is too early to conclude, risk management practices are getting better, says RBI deputy governor Swaminathan Janakiraman
Asset risks for Chinese banks will increase from the country's economic slowdown, says Moody's.
NBFCs' bank funding costs could rise by 40 basis points - 60 basis points, says Fitch
It is necessary to be watchful of any undue risk build-up in the system due to information gaps in these models, says Shaktikanta Das.