Mumbai (Maharashtra) [India], January 11 (ANI): The Reserve Bank of India (RBI) on Monday informed that Indian banks' total gross non-performing assets (GNPAs) may rise to 14.8 per cent under a severe stress scenario by September 2021 compared with 7.5 per cent in the year-ago period.
RBI releases 22nd issue of Financial Stability Report; here are the key highlights
Performance parameters of banks have improved significantly, aided by regulatory dispensations extended in response to the COVID-19 pandemic, said the RBI in the 22nd issue of the Financial Stability Report (FSR) on January 11. Here are the highlights
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The Reserve Bank of India (RBI) on January 11 released the 22nd issue of the Financial Stability Report (FSR).
It reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability, and the resilience of the financial system in the context of contemporaneous issues relating to development and regulation of the financial sector.
The Reserve Bank of India (RBI) on Monday informed that Indian banks total gross non-performing assets (GNPAs) may rise to 14.8 per cent under a severe stress