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Gross NPAs improve to 9.1% as of September end: RBI

Gross NPAs improve to 9.1% as of September end: RBI

Tuesday, December 24, 2019, 5:48 PM

As bad loan recognition process nears completion, gross non-performing loans of banks improved to 9.1% as of end-September 2019, compared to 11.2% in FY18, says an RBI report. "The gross NPA ratio of all banks declined in FY19 after rising for seven consecutive years, as recognition of bad loans neared completion," RBI said.
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