Gross Non-Performing Assets of SCBs down; but projections for 2022 cry for attention

Gross Non-Performing Assets of SCBs down; but projections for 2022 cry for attention

The Gross Non-Performing Assets (GNPA) of Scheduled Commercial Banks (SCB) has dropped to 6.9 per cent by September 2021 end, which was 7.3 per cent as of March 2021. Bad debts set to rise up to 8.1 per cent by September 2022 under the baseline scenario and to 9.5 per cent under a severe stress scenario. The Gross Non-Performing Assets (GNPA) reported by the Scheduled Commercial Banks (SCB) has […]

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