Indian banks’ balance sheets stay robust, bad loans decline more, central bank report says

Indian banks’ balance sheets stay robust, bad loans decline more, central bank report says

Source: Live Mint MUMBAI, Dec 26 (Reuters) – Indian banks’ financial position has stayed robust, marked by the sustained expansion in loans and deposits, while their gross bad loan ratio has dropped to multi-year lows, a central bank report showed on Thursday. Banks’ gross non-performing assets ratio (NPA), or the proportion of bad assets to…

Read More