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Banks’ GNPAs to rise to 9.6-9.7% by FYE21 and 9.9-10.2% by FYE22: ICRA April 05, 2021 × Credit rating agency ICRA expects Banks’ Gross Non-Performing Assets (excluding write-offs) to rise to 9.6-9.7 per cent by March 31, 2021 and 9.9-10.2 per cent by March 31, 2022 from 8.6 per cent as on March 31, 2020 as the impact of various Covid-19 pandemic related relief measures wanes off. As the impact of various relief measures such as moratorium on loan repayment, standstill on asset classification and liquidity extended to borrowers under Guaranteed emergency credit line (GECL) wanes off, the asset quality pressures are likely to resurface, the agency said. In a note, ICRA observed that despite the impact of Covid-19 pandemic on debt servicing ability of borrowers, the gross fresh slippages for banks stood much lower at ₹1.8 lakh crore (2.7 per cent of advances on annualised basis) during 9M (nine months) FY2021 as compared to ₹3.6 lakh crore (4.1 per cent) during FY2020. Thi

Anil guptaGross npasBank nnpasBank gross nonBank gross non performing assetsSector headFinancial sector ratingsCovid 19Gross non performing assetsஅனில் குப்தாவங்கி மொத்த அல்லாதவங்கி மொத்த அல்லாத நிகழ்த்துகிறது சொத்துக்கள்துறை தலைநிதி துறை ரேடிஂக்ஸ்சர்வதேச பரவல்மொத்த அல்லாத நிகழ்த்துகிறது சொத்துக்கள்