January 24, 2025 4:37 PM

NPAs of Indian banks likely to decline by another 0.4 per cent by March: Fitch

The gross non-performing assets (NPAs) ratio of Indian banks may decline by another 0.4 per cent to 2.4 per cent by March 2025 followed by a further 0.2 per cent dip in the next financial year, according to rating agency Fitch. Although the stress in retail loans is rising, particularly in unsecured credit, robust growth, recoveries and write-offs are expected to offset the increase in non-performing loans, the Fitch report said. It pointed out that currently, lending stress appears to be conc...