13th August 2024: In its latest Financial Stability Report, the Reserve Bank of India (RBI) affirmed its assessments of Indian macroeconomic and financial stability and resilience against global risks. The banking system has reported decadal lows in Gross Non-Performing Assets (GNPA) ratio (2.8%) and Net Non-Performing Assets (NNPA) Ratio (0.6%). India’s robust economic growth, lowering […]
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