16-06-2021 | 18:50 PM
RBI Annual Report-2021
Reserve Bank of India (RBI) has published its annual report and highlights the “asset quality of banks and their preparedness. According to the report, it requires close monitoring for higher provisioning for upcoming quarters.
Key Highlights
• Gross NPA ratio of banks decreased from 8.2% in March 2020 to 6.8% in December 2020.
• Provision Coverage Ratio (PCR) of banks improved from 66.6% in March 2020 to 75.5 % by December 2020.
• Capital to risk-weighted assets ratio (CRAR) of banks increased to 15.9% by December 2020, in March it was 14.8%.
• Gross NPA ratio for non-banking financial institutions (NBFCs) increased from 6.8% in March to 5.7% in December 2020.
• Capital adequacy ratio of NBFCs increased from 24.8% in December 2020 from 23.7% in March.
