Banks' gross NPAs may rise to 9.5% in September 2022: RBI report

"Macro stress tests for credit risk indicate that the gross non-performing asset (GNPA) ratio of SCBs may increase from 6.9 per cent in September 2021 to 8.1 per cent by September 2022 under the baseline scenario and to 9.5 per cent under a severe stress scenario," according to the 24th issue of the Financial Stability Report (FSR) released by the RBI.

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