RBI concerned over high bad loans at Urban Coop Banks https://ift.tt/nEQIwoX governor said that even as UCBs have their cumulative non-performing assets ratio improved to 8.7%, this is "not a comfortable number". The banking sector gross NPA has eased to a decadal low of 3.9% at the end of March. Granularly, some of the UCBs have very high NPA which according to Das "not at all satisfactory".
Monday, September 25, 2023
RBI concerned over high bad loans at Urban Coop Banks
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