TNPSC Thervupettagam

Trend and Progress of Banking in India

January 1 , 2024 329 days 537 0
  • Indian banks’ gross non-performing assets (GNPA) ratio fell to 3.2 per cent at the end of September.
  • The GNPA ratio for Scheduled Commercial Banks (SCBs) dropped to 3.9% at the end of March 2023.
  • The report also highlighted that commercial banks' consolidated balance sheet grew by 12.2% in 2022-23, the highest in nine years.
  • At the end of September 2023, the capital to risk weighted assets ratio (CRAR) of SCBs stood at 16.8 percent.

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