Banks must take urgent measures to recover their non-performing assets
December 7, 2022
The 24th Financial Stability Report (FSR) of the Reserve Bank of India (RBI) apprehended that the Gross NonPerforming Assets (GNPAs) of banks would climb from 6.9% in September 2021 to 8.1% in September 2022. The 25th FSR report comes as a big relief because it pegs the gross NPAs of...
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