The banks bad loans or non-performing assets (NPAs) will reach 10.5 per cent of the total advances by March 2018, an increase from 9.5 per cent on March this year, domestic rating agency Crisil said in a report on Thursday. About two-thirds of the overall stressed assets in the banking system has already been recognised …
Continue reading "Banks’ bad loans to reach 10.5% by March 2018: Crisil"
September 14, 2017