The central bank’s stress test on the banking system indicates that in a baseline scenario the gross non-performing assets in the banking system will improve to 4.9% by September 2023. The total bad loan ratio of the banking system is steadily trending down to a seven-year low of 5.0% in September 2022, while net non-performing assets have dropped to ten-year low of 1.3% of total assets.
GDP data, crude prices among 7 factors likely to steer D-Street this week
Indian equities are likely to take cues from a slew of domestic and global factors this week, including India’s first-quarter GDP data, US jobs numbers,