Tuesday, 26 June 2018

RBI says situation of bad loans to worsen further

"Macro-stress tests indicate that under the baseline scenario of current macroeconomic outlook, SCBs' (scheduled commercial banks) GNPA ratio may rise from 11.6 per cent in March 2018 to 12.2 per cent by March 2019," the Reserve Bank said.

from Times of India https://ift.tt/2Kq9Tmv
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