Banks in India have significantly improved their financial health over the past decade, with asset quality in a comfortable position and gross non-performing assets at a 12-year low of 2.6% in September 2024. Profitability surged, and net NPAs declined to 0.6%, contributing to a stronger balance sheet despite a slight contraction in net interest margin.
from Banking/Finance-Industry-Economic Times https://ift.tt/euMjfI0
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