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

3.7%

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

Gross Non-Performing Assets (GNPAs)

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

34.7%

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

0.52%

What contributed to the reduction in Gross NPAs in Q1FY24?

Lower slippages, steady recoveries and upgrades, and write-offs

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

GNPAs decreased by 25.6% compared to the previous year

By what percentage did the Gross NPAs drop in Q1FY24?

25.6%

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

Rs 1.25 lakh crore

What was the Net NPA ratio of SCBs in Q1FY23?

1.6%

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

0.52%

Test your knowledge of the stock market with this quiz on Share Market Highlights. Learn about the recent decline in Sensex and profit taking in IT and banking shares. Find out more about the Nifty ending flat and the reduction in Gross Non-Performing Assets of Scheduled Commercial Banks.

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