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While the flexible inflation targeting provided the elbow room to address the supply side shocks, the regulator post Covid put together a mechanism to strengthen the institutions through prudential norms and heightened supervision and inspection, Governor Shaktikanta Das said. ....
While the flexible inflation targeting provided the elbow room to address the supply side shocks, the regulator post Covid put together a mechanism to strengthen the institutions through prudential norms and heightened supervision and inspection, Governor Shaktikanta Das said. ....
The net non-performing assets ratio of banks declined to a multi-year low of 0.8 per cent in September 2023, reflecting the strength of the country’s financial sector, according to the RBI’s Financial. ....
In its report on the trend and progress of banking in 2022-23, the RBI said banks wrote off bad loans worth Rs 2.17 lakh crore in 2022-23 compared with Rs 1.79 lakh crore in the previous fiscal ....
Banking industry s clean up continued for the fifth straight year as the fall in gross bad loans helped report a higher net interest margin, a key measure of profitability. All banks meet the regulatory capital requirements with it at 16.8% as of September. ....