After falling to a six-year low of 6.9% this year, bad loans across all Indian banks may rise to 9.5% by September next year under severe stress conditions, the Deccan Herald reported, citing Reserve Bank of India data.
Under the baseline scenario, the non-performing assets of all lenders may rise by 1.2 percentage points to 8.1% by September 2022. RBI said gross bad loans in public sector banks may rise to 10.5% by September next year from the current 8.8%.
Read the full report: Deccan Herald.
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