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Tag: RBI report

Banks report extremely bad in RBI report, Bad loan is expected to reach the top of two decades

Posted on January 12, 2021January 12, 2021 by Nidhi Malviya

The RBI report says that the gross NPA of the public sector bank may increase by 650 basis points. In July-September, the gross NPA of public sector banks can increase to 9.7%. Submerged debt of Indian banks can increase to 13 percent of their balance sheet. RBI has said in the new version of the…

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