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Asset quality of banks to further improve; NBFCs pose some concerns: RBI

Asset quality of banks to further improve; NBFCs pose some concerns: RBI
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Business News | Bad Assets of Banks Continue to Decline, Indian Economy Remains Resilient: RBI Report

Get latest articles and stories on Business at LatestLY. Reserve Bank of India on Thursday released the 28th issue of the Financial Stability Report, December 2023 reflecting the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the Indian financial system. Business News | Bad Assets of Banks Continue to Decline, Indian Economy Remains Resilient: RBI Report. ....

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Bad assets of banks continue to decline, Indian economy remains resilient: RBI report

According to the RBI report, Scheduled Commercial Banks gross non-performing assets (GNPA) ratio continued to decline to a multi-year low of 3.2 per cent and the net non-performing assets (NNPA) ratio to 0.8 per cent in September 2023. ....

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Bad assets of banks decline multi-year low to 0.8 % in Sept: RBI report

The report reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the Indian financial system. ....

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India News | RBI to Act Early to Prevent Any Risk to India's Fastest Growth Potential: Guv Shaktikanta Das

Get latest articles and stories on India at LatestLY. Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major economies in the world with a rising potential growth profile, and stressed that the central bank remains committed to act early and decisively to prevent any build-up of risks.
India News | RBI to Act Early to Prevent Any Risk to India's Fastest Growth Potential: Guv Shaktikanta Das. ....

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