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Study

Banking, Australia, Commonwealth Bank Finance

Gross NPAs to Rise to Rs 9.5 Lakh Crore by March ’18: Study

Gross NPAs to Rise to Rs 9.5 Lakh Crore by March ’18: Study. With Indian banking sector currently under stress, gross NPAs are expected to rise from March 2017 level of Rs 8 lakh crore to Rs 9.5 lakh crore as on March 31, 2018 i.e. about 10.5 per cent of total advances, while stressed assets are expected to be at Rs 11.5 lakh crore, noted a just-concluded ASSOCHAM-Crisil joint study.

By SMEStreet Edit Desk
logoJan 22, 2018 13:40 IST logo 3 Min read
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