04-02-2021 | 12:26 PM
RBI Financial Stability Report 2020
The Reserve Bank of India recently issued the December 2020 Financial Stability Report. This is the 22nd issue of the Apex Bank Financial Stability Report. It's published twice a year.
Key Findings:
• The gross non-performing asset ratio of the scheduled commercial banks is projected to rise to 13.5 per cent by September 2021.
• The net NPA and GNPA levels are starting to fall. The GNPA ratio stood at 7.5% in September 2020. On the other hand, the NNPA ratio stood at 2.1% in September 2020 and 3% in March 2020.
• According to the financial stability report, the GNPA might increase to 13.5% by September 2021 under baseline scenario.
