Banks’ provisioning for NPAs falls for fifth quarter in a row in Q4 - Jobs World

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Sunday, May 28, 2023

Banks’ provisioning for NPAs falls for fifth quarter in a row in Q4

Banks’ provisioning for NPAs falls for fifth quarter in a row in Q4 https://ift.tt/iDsY71K in India saw a fall in loan loss provisioning for the fifth consecutive period, indicating improving asset quality and sustained collection efficiency. Cumulative bad loan provisioning declined by 42.5% to Rs 18,354.4 crore, the lowest since March 2019 quarter, indicating an overall improvement in the country's banking system.

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