Gross NPAs in MSMEs drop to 6.8%: RBI data

New Delhi, June 30 (KNN) All scheduled commercial banks (SCBs) have seen a decline in gross non-performing assets (GNPA) from 9.3% in March 2022 to 6.8% in March 2023, as per Reserve Bank of India’s (RBI) latest Financial Stability Report.

This led into the improvement of the asset quality of the MSME portfolio of all SCBs.

Read more at KNN