Bank NPAs to improve to decadal low of 3.8pc by FY24-end: Crisil

Crisil said a major factor influencing the bank NPAs is the improvement in the high-value corporate loanbooks, where the gross NPAs are slated to come below 2 per cent. Corporates have been reducing their leverage through a string of measures, including prepayment of loans as well.

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