HIGHLIGHTS
- RBI released its bi-annual Financial Stability Report.
- The report stated that gross NPA of banks could rise to 13.5% by SEP 2021 from 7.5% in 2020.
- Following COVID-19, expansion in government‘s market borrowing programme was said to have imposed additional pressures on banks.
On Monday, 11 JAN 2020, Reserve Bank of India (RBI)'s Governor Shaktikanta....
Tags : Reserve Bank of India, RBI, Shaktikanta Das, Governor, COVID-19, Non-Performing Assets, NPA,
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