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RBI Sees Banks' Bad Loans Crossing 12% By End Of Fiscal Year
11 PSU banks are under PCA framework on account of their high bad loans. IDBI Bank, UCO Bank, Bank of India are some of the big banks under PCA. GNPA ratio of these banks might worsen to 22.3% by the end of FY19.
26 Jun 2018, 09:22 PM IST 
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Non-performing assets are likely to rise from 11.6% in March 2018 to 12.2% by end of FY19, said RBI.
Mumbai: Gross non-performing assets (GNPAs), or bad loans, ratio in the Indian banking system is likely to rise from 11.6 per cent in March 2018 to 12.2 per cent by the end of March next year, the Reserve Bank of India said on Tuesday. Referring to the 11 state-owned banks under prompt corrective action framework (PCA) on account of NPAs, the RBI, in its Financial Stability Report (FSR), also said these may see a worsening of their G...
