Asset quality numbers do not reflect stress on bank books: ICRA

The asset quality of banks surprised positively with decline in reported gross non-performing loan ratio at 7.6% and net NPA ratio at 2.5% at the end of March 2021. This was against 8.60% and 3.0% respectively as on March 31, 2020.

from Banking/Finance-Industry-Economic Times https://ift.tt/3jShhfg