News > Banks' NPAs may rise to 9.5% by Sept 2022 in worst-case scenario: RBI

Banks' NPAs may rise to 9.5% by Sept 2022 in worst-case scenario: RBI

LiveMint | 29/12/2021 07:55 PM | Click to read full article

The gross non performing assets (NPAs) of banks may increase from 6.9% in September 2021 to 8.1% by September 2022 under the baseline scenario and to 9.5% under a severe stress scenario, a Reserve Bank of India (RBI) report said.

The RBI today released the 24th Financial Stability Report (FSR), which is published bi-annually on behalf of the Financial Stability and Development Council.