NPA of Public Sector Banks expected to be decline to 9 per cent in 2020
Under the baseline scenario, Public Sector Banks' (PSBs) gross Non-Performing Asset (NPA) ratio expected to be decline from 9.3 per cent In march 2019 to nine per cent in March 2020, macro-stress tests for credit risk indicated, RBI mentioned in its report on Thursday.
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The report mentioned that, macro-stress tests for credit risk indicate that under the baseline scenario, SCBs’ gross NPA ratio may decline from 9.3 per cent in March 2019 to 9.0 per cent in March 2020. Image source: Reuters