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Questions and Answers

What was the Gross NPA ratio of SCBs as of June 30, 2023, compared to a year ago?

  • 5.7%
  • 1.6%
  • 3.7% (correct)
  • 0.9%

Which indicator decreased by 25.6% year-on-year as of June 30, 2023, for Scheduled Commercial Banks (SCBs)?

  • Gross Non-Performing Assets (GNPAs) (correct)
  • Advances
  • Net Non-Performing Assets (NNPAs)
  • Credit Cost

By what percentage did the Net NPA ratio of SCBs decrease year-on-year in Q1FY23?

  • 34.7% (correct)
  • 16.7%
  • 0.52%
  • 25.6%

What was the credit cost (annualised) for SCBs in Q1FY24?

<p>0.52% (B)</p> Signup and view all the answers

What contributed to the reduction in Gross NPAs in Q1FY24?

<p>Lower slippages, steady recoveries and upgrades, and write-offs (A)</p> Signup and view all the answers

Which of the following statements is true about the Gross Non-Performing Assets (GNPAs) of Scheduled Commercial Banks (SCBs) as of June 30, 2023?

<p>GNPAs decreased by 25.6% compared to the previous year (B)</p> Signup and view all the answers

By what percentage did the Gross NPAs drop in Q1FY24?

<p>25.6% (A)</p> Signup and view all the answers

What was the Net Non-Performing Assets (NNPAs) of SCBs as of June 30, 2023?

<p>Rs 1.25 lakh crore (B)</p> Signup and view all the answers

What was the Net NPA ratio of SCBs in Q1FY23?

<p>1.6% (A)</p> Signup and view all the answers

What was the credit cost (annualised) for SCBs in Q1FY24?

<p>0.52% (B)</p> Signup and view all the answers

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