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Gross NPAs of banks may reduce to 8% by March 2020, says report

Updated : June 25, 2019 04:32 PM IST

NPA in the banking system had peaked at 11.5 per cent in March 2018 and then declined to 9.3 percent in March 2019.
It said public sector banks (PSBs), which account for over 80 percent of the NPAs in the system, should see their gross NPAs climb down over 400 bps to close to 10.6 percent by March 2020 from a peak of 14.6 percent in March 2018.
Gross NPAs of banks may reduce to 8% by March 2020, says report
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