Banks better placed to handle shocks than six months ago: RBI

In its bi annual FSR, RBI said banking sector NPAs can increase to a maximum of 11.22% in the worst case down from 14.8% predicted in the worst case scenario in the last report in January. Gross NPAs will also be lower in the baseline scenario at 9.80% versus the 13.5% predicted in January.

from Banking/Finance-Industry-Economic Times https://ift.tt/3dzrEk6