scorecardresearchBanks’ gross NPA falls to lowest in six years

Banks’ gross NPA falls to lowest in six years

Updated: 17 Jun 2022, 11:09 AM IST
TL;DR.
RBI Deputy governor Rajeshwar Rao says sector’s health is encouraging
Asset quality of Indian banks started deteriorating from the early part of last decade and peaked in March 2018 with gross NPA hitting 11.5 per cent of gross advances.

Asset quality of Indian banks started deteriorating from the early part of last decade and peaked in March 2018 with gross NPA hitting 11.5 per cent of gross advances.