Assocham-crisil
Indian banks' gross NPAs may touch decadal low of sub-4% by FY24: Study
Bad loans of Indian banks are expected to decline 90 basis points to less than five per cent in FY23 and hit a decadal low of sub-four per cent by March 31, 2024, said an Assocham-Crisil Rating study unveiled on Thursday. The study attributed the decline in gross Non-Performing Assets (NPAs) to the post-Covid economic recovery and higher credit growth. It said the biggest improvement would be in the corporate loan segment, where gross NPAs are seen falling below two per cent in the next fiscal from a peak of about 16 per cent as on March 31, 2018. "This follows significant clean-up of books by banks in recent years, as well as strengthened risk management and underwriting, which has led to higher preference for borrowers with better credit profiles. The steady improvement in corporate asset quality is clearly manifested in key indicators such as the credit quality of bank exposures," Assocham Secretary General Deepak Sood said. He observed that the twin balance sheet problem has ..
 "Indian banks' gross NPAs may touch decadal low of sub-4% by FY24: Study")
ARC role in resolution may help pare NPAs to Rs 9.1 trn by March: Crisil
With the share of cash deals rising, discounts could remain high. To make way for newer acquisitions and attract new and repeat investors, ARCs must quickly resolve assets and redeem security receipts
 "ARC role in resolution may help pare NPAs to Rs 9.1 trn by March: Crisil")
Assocham-Crisil suggests 3 pronged strategy to deepen bond market in India
The study highlighted the urgent need to promote vigorous investor education, awareness initiatives
 "Assocham-Crisil suggests 3 pronged strategy to deepen bond market in India")
