RBI concerned over high bad loans at Urban Coop Banks

September 26, 2023

The 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”.

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