Indian banks' financial health has remained strong with expansions in loans and deposits. Gross bad loan ratios decreased to over-13-year lows, and net bad loans also declined. Banks have improved their balance sheets and profitability. The Reserve Bank of India emphasized strengthening risk management and IT governance. Non-bank lenders need prudent growth approaches and robust risk management frameworks.
from Banking/Finance-Industry-Economic Times https://ift.tt/ufWgEpm
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