RBI Financial Stability Report: Banking Sector NPAs May Rise To 9.8% By March 2022
Gross NPA ratio for banking sector could rise to 9.8% by Mar 2022 under a baseline, as compared with 7.48% in Mar 2021. The baseline scenario used in the current stress tests in one where GDP growth for FY22 is at 9.5%.While the two stress scenarios could push it to 10.4% & 11.2%, respectively. On sectoral basis, borrowers in agriculture & industry segments saw drop in NPA.
Did you Know
Borrowers with outstanding loans of ₹5cr & above, constituted 77.9% of banking sector NPA