Poket News

Gross Non-Performing Asset may climb to 9.5%

 

  • The RBI’s half-yearly stress tests indicate that Gross Non-Performing Asset may climb from 8.1% to 9.5% by Sep next year. 
  • This has increased from a 6- year low of 6.9% in September this year. 
  • However, the bad loans would still be in single digits even in a worst-case scenario. 
  • The Financial Stability Report released by RBI projects that outcomes are the most optimistic since the pandemic broke out.