01-01-1970 12:00 AM | Source: Reuters
Indian banks well capitalised, returning to profitability - report
Indian banks and non-banking institutions have sufficient capital buffers to withstand shocks and would be able to comply with minimum capital requirements even under extreme stress scenarios, according to a report published by the Reserve bank of India on Thursday.
RBI said banks gross non-performing assets ratio fell to a six-year low of 5.9% in March 2022.
"The financial system is well-capitalised and returning to profitability," Governor Shaktikanta Das said in his foreword to the report.
Latest News
Evening Roundup : A Daily Report on Bullion Energy &...
ITI AMC announces activation of new OPA
India's Blue Star posts jump in Q4 adjusted profit o...
Gautam Adani meets new British envoy to India, wishe...
FIIs stood as net buyers in equities as per May 02 d...
NPCI partners Bank of Namibia to develop UPI-like pa...
Report on power sector equity raises to power up to ...
Motilal Oswal Flexicap Fund Celebrates a Decade of H...
Buy Zinc above 258.50 SL below 256.50tct 261/262 - A...
Blue Star`s FY24 Total Income rises 21.4% to Rs 9685...