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Trend and Progress of Banking in India
January 1 , 2024
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- Indian banks’ gross non-performing assets (GNPA) ratio fell to 3.2 per cent at the end of September.
- The GNPA ratio for Scheduled Commercial Banks (SCBs) dropped to 3.9% at the end of March 2023.
- The report also highlighted that commercial banks' consolidated balance sheet grew by 12.2% in 2022-23, the highest in nine years.
- At the end of September 2023, the capital to risk weighted assets ratio (CRAR) of SCBs stood at 16.8 percent.
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