Asset quality improved sequentially for the private sector lender. The gross non-performing asset ratio (GNPA) was 1.23 per cent as on September 30, compared with 1.28 per cent quarter ago. The net NPA ratio at 0.33 per cent as on September 30, was lower than 0.35 per cent a quarter ago.
South Korea’s KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK