Mumbai:The Reserve Financial institution on Thursday stated the asset high quality of banks is more likely to additional enhance by September subsequent yr whereas flagging some considerations for non-banking monetary corporations.
In its half-yearly Monetary Stability Report (FSR), the RBI additionally stated the Indian economic system and the home monetary system stay resilient, supported by robust macroeconomic fundamentals, wholesome stability sheets of monetary establishments, moderating inflation, bettering exterior sector place and persevering with fiscal consolidation.
On the well being of the scheduled industrial banks, it stated their gross non-performing property (GNPA) ratio continued to say no to a multi-year low of three.2 per cent and the web non-performing property (NNPA) ratio to 0.8 per cent in September 2023.
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