Reserve Bank of India Governor Shaktikanta Das expresses confidence in India's growth story, highlighting increased climate resilience in agriculture and nearing 8% economic growth. The RBI's Financial Stability Report shows improvements in Indian banks' asset quality, with gross NPA ratio at a multi-year low of 2.8% and net NPA down to 0.6% in FY24. The report also projects a further improvement in asset quality through March 2025, with the gross non-performing asset ratio potentially falling to 2.5% if the economy remains stable.
Financial sector strong but #RBI watchful of emerging risks, says #RBI Governor Das https://t.co/VCEUbNPwrE
As #India’s contribution to global growth rises, financial system must also modernise and deepen, says #RBI Governor #ShaktikantaDas in the central bank's Financial Stability Report. https://t.co/gNrjoy0bnr
#RBI projects that gross non-performing asset ratio of Indian banking system could fall to 2.5% by March 2025, if the economy remains stable.
#Indian economy and financial system continue to exhibit robust growth and greater resilience, says #RBI in its Financial Stability Report.
RBI financial stability report said few non-banking finance companies having a low capital buffers are growing at a rapid pace, which warrants close monitoring. Read to know more 👇 https://t.co/w0Ob7y1Lr0 #NBFC #RBI #ForexReserves https://t.co/pCMEyqPMyB
Reserve Bank of India's Financial Stability Report says Indian banks are strong, with non-performing assets falling to multi-year lows. https://t.co/rVYHb3mPT7
Indian banks' asset quality to further improve through March 2025, cenbank report says https://t.co/iatGjh3V7M https://t.co/A0WotzIBeL
Indian banks' gross NPA ratio at multi-year low of 2.8%, net NPA down to 0.6% in FY24: #RBI Fin Stability Report https://t.co/184Uaq8RTp
RBI #JuneFinancialStabilityReport | @RBI releases June edition of Financial Stability Report 📢The Indian economy and the financial system remain robust and resilient, anchored by macroeconomic and financial stability. With improved balance sheets, banks and financial… https://t.co/TJRUC1FWwm
Indian economy and the financial system remain robust and resilient, #RBI says in its June Financial Stability Report. With improved balance sheets, banks and financial institutions are supporting economic activity through sustained credit expansion: RBI. Banks' gross NPA… https://t.co/nVX7DrlEwB
RBI June Fin Stability Report | "Indian economy, financial system remain robust" These are the comments on Indian banks' Gross NPA ratio, gross bad loans, risks and more👇 @RBI @DasShaktikanta https://t.co/VK5oMhLRfR
As #India’s contribution to global growth rises, financial system must also modernise and deepen, says #RBI Governor #ShaktikantaDas in the central bank's Financial Stability Report. For the latest news and updates, visit: https://t.co/NKSVSeIu63 https://t.co/OwASOXCxys
⚠️ RBI REPORT: **BANKS' GROSS BAD LOANS RATIO FALLS TO 2.8% AT END-MARCH 2024 **MACRO STRESS TESTS FOR CREDIT RISK REVEAL BANKS WOULD BE ABLE TO COMPLY WITH MINIMUM CAPITAL REQUIREMENTS **BANKS' NET NON-PERFORMING ASSETS RATIO FELL TO 0.6% AT END-MARCH 2024 **NON-BANKING…
FED: BANKS REPORTED HIGHER LOSSES THAN IN 2023 STRESS TEST AS BANK BALANCE SHEETS ARE RISKIER AND EXPENSES ARE HIGHER
India’s economic growth is inching toward 8% on a sustained manner, but it is essential to keep inflation under check, Reserve Bank of India Governor Das said https://t.co/Q3DkRRjwX0
WATCH | "Agriculture in India has become much more climate resilient in recent years than before," says RBI Governor Shaktikanta Das as he lists the key areas that need to be addressed @RBI @DasShaktikanta https://t.co/6hvTpwD79A
#LeadStoryOnET | Why #RBI Governor Das is confident of India's (revised) growth story https://t.co/8WjHiDqX6A