Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Gross NPAs of banks may decline to 2.4 pc by March 2025: Fitch
The Statesman Siliguri
|January 24, 2025
Rating agency Fitch has said that the gross non-performing assets (NPAs) of Indian banks may decline by 40 basis points to 2.4 per cent by March 2025.
It may further drop by 20 basis points in the next financial year, it added.
Stress in retail loans is rising, particularly in unsecured credit, but robust growth, recoveries and write-offs are expected to offset the increase in fresh bad loans, Fitch said in a statement.
"We believe the difference from our forecast partly reflects variance of opinions on the timing and extent of risk crystallisation, banks' exposure at risk, loan growth and India's economic performance," said Fitch.
This story is from the January 24, 2025 edition of The Statesman Siliguri.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Statesman Siliguri
The Statesman Siliguri
No VVPAT for Maharashtra civic polls: SEC
The Maharashtra State Election Commission (SEC) announced here on Thursday that there is no provision for the use of Voter Verifiable Paper Audit Trail (VVPAT) machines in the rules governing local civic body elections.
1 min
October 31, 2025
The Statesman Siliguri
Shah, Nadda warn of return to ‘jungle raj’, seek mandate for NDA
Union Home Minister Amit Shah and BJP National President JP Nadda urged people of Bihar to elect NDA once again, saying that the upcoming Bihar Assembly election is about saving Bihar from 'jungle raj'.
2 mins
October 31, 2025
The Statesman Siliguri
Getting betterevery passing day: Shreyas Iyer
India batter Shreyas Iyer on Thursday expressed his heartfelt gratitude to fans and well-wishers for their constant support as he continues to recover from a serious injury sustained during the recently concluded ODI series against Australia.
1 min
October 31, 2025
The Statesman Siliguri
Bandhan Bank PAT down 88 pc, to focus more on securedlending
In its endeavour to become a \"truly universal bank\", Kolkata-headquartered Bandhan Bank is deliberately and in a balanced manner bringing down the proportion of microfinance in its overall books (advance), while keeping its original focus on microfinance intact, top bank management said on Thursday.
3 mins
October 31, 2025
The Statesman Siliguri
CM Mamata vows to block NRC in Bengal
Chief Minister and Trinamool Congress chairperson Mamata Banerjee today criticised the Election Commission of India, saying that dropping a genuine voter from the rolls and branding them an outsider will not be tolerated. She added that the state government will not allow an NRC exercise to take place in Bengal.
1 mins
October 31, 2025
The Statesman Siliguri
Jairam condemns Bihar crimes against women
Congress leader Jairam Ramesh Thursday sharply criticised Prime Minister Narendra Modi's election campaign rhetoric in Bihar, accusing the government of neglecting the soaring crimes against women in the state.
1 min
October 31, 2025
The Statesman Siliguri
INDI Alliance will form govt in Bihar, predicts Akhilesh Yadav
Samajwadi Party President Akhilesh Yadav predicted that the INDIA bloc would form a government in Bihar as the people of the state want a change.
1 min
October 31, 2025
The Statesman Siliguri
Bahraich boat capsize: Rescue operations continue in search of missing people
Intensive rescue operations are still underway in the Bahraich district of Uttar Pradesh after a boat carrying 22 people capsized in the Kaudiyala River on Wednesday evening.
1 min
October 31, 2025
The Statesman Siliguri
The Vatican’s voice of reason on AI
With artificial intelligence (AI) knocking us from our bearings, many are wondering what place humans will have in a technological revolution that is already underway. Societies are dividing, economic models are faltering and politicians are fumbling.
1 mins
October 31, 2025
The Statesman Siliguri
Tackling Trump
S President Donald Trump's visit to Japan, following his stop at the Asean summit in Malaysia, was more than a diplomatic engagement.
2 mins
October 31, 2025
Listen
Translate
Change font size