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Indian banks' non-performing loans lowest in 6 years

Nov 18, 2020 15:34 IST

The bad loan scenario in Indian banks has improved as the net non-performing loans are at a six-year-low. According to a report by Kotak Institutional Equities, net NPAs for banks are now closer to FY14 levels. The gross NPA ratio declined 40 bps quarter-on-quarter to 6.7%. The net NPA ratio declined to 2% with most of the decline seen for public banks.

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