Operating profits of banks show improvement: RBI

Provisions for stressed loans adequate, says Mundra; monitoring to continue

Going by preliminary analysis of the performance of listed banks in the December quarter, their asset quality situation seems on the mend, according to the Reserve Bank of India (RBI).

There is some elevation in the gross non-performing assets (NPAs) ratio in the banking system. However, for the first time in some quarters, the ratio has come down in some from the preceeding quarter, said RBI deputy governor S S Mundra.

Addressing journalists after the monetary policy review, he said similarly in respect of net NPAs, consistent with gross NPAs, while there would be an elevation in a