Indian banks set for stronger footing: Fitch flags regulatory reforms, reduced risks

Global rating agency Fitch reports that enhanced Reserve Bank of India oversight and improved regulatory tools are bolstering Indian banks, reducing systemic risks. Strong economic growth prospects and declining inflation further improve the sector's operating environment. Key metrics like non-performing loan ratios have significantly improved, positioning banks for prudent credit expansion.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/YixBo8C