Monday, March 4, 2024

BANKING

Banks' bad loans have fallen to record lows as recoveries rise and many missed payments are regularized. Lenders anticipate stress and are building buffers. Bad loans fell 21% to Rs 4.85 lakh crore. The gross bad loans ratio is expected to improve to 2.8% this year.

from Banking/Finance-Industry-Economic Times https://ift.tt/bsj6gLA
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