The Reserve Bank of India's June Financial Stability Report indicates that Indian banks have shown improvement with the gross NPA ratio at a multi-year low of 2.8% and net NPA down to 0.6% in FY24. The report highlights the resilience of the Indian economy and financial system, emphasizing improved balance sheets and sustained credit expansion.
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' 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
⚠️ 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…