Banks' gross non-performing assets may rise to 13.5% by September 2021, from 7.5% in September 2020 under the baseline scenario, according to Financial Stability Report (FSR) released by the Reserve Bank of India.
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Unknown title Share Article 0 PRINT A A A RBI logo. File | Photo Credit: Reuters If the macroeconomic environment worsens into a severe stress scenario, the GNPA ratio may escalate to 14.8%, the report said <span>Banks' gross non-performing assets may rise to 13.5% by September 2021, from 7.5% in September 2020 under the baseline scenario, according to Financial Stability Report (FSR) released by the Reserve Bank of India. Also read: Policy roll-back may dent banks’ health, says RBI If the macroeconomic environment worsens into a severe stress scenario, the GNPA ratio may escalate to 14.8%, the report sai Summary
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