THE NEW INDIAN EXPRESSNov 3, 2021Bank NPAs may inch up on stressed retail, MSME segments, says CrisilGross non-performing assets (NPAs) of banks will rise to 8-9% this fiscal, well below the peak of 11.2% seen at the end of fiscal 2018, the rating agency said in a report.NEW DELHI: Would the asset quality of banks deteriorate due to stress in the MSME and retail segment? Rating agency Crisil believes that gross NPAs of the bank could reach 8-9% by March 2022 due to increased stressed assets in the retail segment.Gross non-performing assets (NPAs) of banks will rise to 8-9% this fiscal, well below the peak of 11.2% seen at the end of fiscal 2018, the rating agency said in a report.Read more at THE NEW INDIAN EXPRESS
Gross non-performing assets (NPAs) of banks will rise to 8-9% this fiscal, well below the peak of 11.2% seen at the end of fiscal 2018, the rating agency said in a report.NEW DELHI: Would the asset quality of banks deteriorate due to stress in the MSME and retail segment? Rating agency Crisil believes that gross NPAs of the bank could reach 8-9% by March 2022 due to increased stressed assets in the retail segment.Gross non-performing assets (NPAs) of banks will rise to 8-9% this fiscal, well below the peak of 11.2% seen at the end of fiscal 2018, the rating agency said in a report.Read more at THE NEW INDIAN EXPRESS