Indian banks have shown strong asset quality metrics in the June quarter of 2024. Gross non-performing loans fell by 15.2% year-on-year to Rs 4.57 lakh crore, with the GNPA ratio reducing to 2.8%. Public sector banks led the improvement, while private sector banks saw a rise in bad loans due to a merger and seasonal factors.
from Banking/Finance-Industry-Economic Times https://ift.tt/7gS8joT
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