Banks' Gross Bad Loans Improved To 10.8% In September: RBI

INSUBCONTINENT EXCLUSIVE:
with gross non performing assets' (GNPAs) ratio declining to 10.8 per cent in September 2018 from 11.5 per cent in March 2018, a Reserve
Bank of India (RBI) report said Monday
The net NPAs ratio also witnessed a fall at 5.3 per cent in September 2018 as against 6.2 per cent in March 2018, RBI said in its Financial
Stability Report
"In a sign of possible recovery from impaired asset load, GNPA ratio of both public and private sector banks showed a half-yearly decline,
lenders improved to 14.8 per cent in September 2018 from 15.2 per cent in March 2018, report said
resilience of banking system against macroeconomic shocks through macro-stress tests for credit risk
Under baseline scenario, GNPA ratio of allbanks may come down to 10.3 per cent by March 2019 from 10.8 per cent in September 2018, report
report said ratio of restructured standard advances (RSAs) steadily declined in September 2018 to 0.5 per cent following withdrawal of
improvements noticed for both state-run banks and private sector banks, report said
Distribution of banks GNPA ratio shows that number of banks having GNPA ratio less than 10 per cent has gone down in September 2018 as
said
The asset quality of industry sector improved to 5 per cent in September 2018 compared to 13.6 per cent in March 2018, while that of
borrowers in total loan portfolios of banks and their share in GNPAs was at 54.6 per cent and 83.4 per cent respectively at end of September
2018, report said
The top 100 large borrowers accounted for 16 per cent of gross advances and 21.2 per cent of GNPAs of banks, report said.