..........Its estimate is based on the study of the 26 state-owned banks as well as 13 from the private sector, including all the big banks. "Overall Gross NPA Ratio has risen from 3.26 per cent as on March 31, 2013 to 3.85 per cent as on March 31, 2014," the rating agency said in a report. The 3.85 per cent number would have been higher by 0.30 per cent, but for the sale of over Rs 10,000 crore of assets by the banks to the asset reconstruction companies in the latter part of the recently concluded fiscal year, it said. A December 2014 report by the Reserve Bank of India (RBI) had pegged the overall system's gross NPAs at 4.2 per cent in ..............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment