RBI informs GNPA ratio of Scheduled Commercial Banks fallen to 10 year low of 3.9% in March 2023

Reserve Bank of India has informed that the Gross Non-Performing Assets (GNPA) ratio of Scheduled Commercial Banks has fallen to 10 year low of 3.9 percent in March 2023 and net non-performing assets (NNPA) ratio declined to 1 percent. RBI released its Financial Stability report today. As per report Scheduled commercial banks bolstered their capital base with Capital to risk-weighted assets ratio at a historical high of 17.1 percent and common equity tier1 capital ratio at 13.9 percent in March ...