Dangerous loans in banks to the touch decadal low of four% subsequent fiscal, says Crisil

MUMBAI: Gross non-performing property of banks– a key indicator of asset quality–is anticipated to strengthen 90 foundation issues (bps) year-on-year (y-o-y) to about 5% this fiscal, and every other 100 bps to a decadal low of four% by means of 31 March 2024, driving on post-pandemic financial restoration and better credit score expansion, Crisil Scores … Read more