SCBs see a sharp drop in NPA ratio, falling to 2.67% in June 2024 from 11.18% in March 2018: Finance Ministry
Indian banks' bad loans dropped sharply. The NPA ratio fell to 2.67% in June 2024 from 11.18% in March 2018. The coverage ratio increased to 92.52% in June 2024. Public sector banks earned record profits. ...Read more