Wednesday, June 12, 2013

RBI says too early to conclude reversal in asset quality deterioration trend

..............."Recent trends in the asset quality of the banking system have been somewhat disquieting. In 2012-13, the gross non-performing assets of banks increased by 31.8% while restructured standard advances increased by over 40%," HR Khan, deputy governor of RBI, said in his presentation at a function in Thiruvananthapuram on Monday...................

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