Logo

Logo

NPA

Banks gross NPA to improve to 4% by next fiscal: CRISIL

The gross non-performing assets (NPA) of the banks are expected to improve 90 basis points on-year to 5 per cent this fiscal year and another 100 basis points to a decadal low of 4 per cent by next fiscal, rating agency CRISIL said in a release.

IDFC First Bank targets gross NPA of 2%

This is already playing out over the last two and a half years, as the NIM has already expanded from 1.84 percent pre-merger to 5.09 percent in Q4 FY 21 and further to 5.51 percent in Q1 FY 22.