Thursday, January 12, 2023

Indian banks gave highest returns in Asia Pacific region: S&P Global

Indian banks have benefited from a pickup in credit growth and improving asset quality as the country's economy continues to consolidate a recovery. The results of a recent Reserve Bank of India stress test show that Indian banks are well capitalised, capable of absorbing shocks and would comply with minimum capital requirements even under adverse stress scenarios, S&P Global said.

from Banking/Finance-Industry-Economic Times https://ift.tt/uK1Lpzc

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