COVID 19

Second Wave of Covid Gave Increased Overdues To The Banking Sector: ICRA

The gross non-performing advances (GNPAs) and the net NPAs remained stable at 7.7 per cent and 2.5 per cent respectively for banks as on June 30, 2021, compared to 7.6 per cent and 2.5 per cent as on March 31, 2021, and 8.6 per cent and 3.0 per cent as on March 31, 2020, i.e. at the beginning of the pandemic.