![RBI Projects Further Moderation in Bank NPAs to 2.5% – Importance, Impact, and Key Takeaways RBI NPA projection 2024](https://edunovations.com/currentaffairs/wp-content/uploads/2024/06/RBI-NPA-projection-2024.jpeg)
RBI Projects Further Moderation in Bank NPAs to 2.5% – Importance, Impact, and Key Takeaways
RBI Projects Further Moderation in Bank NPAs to 2.5% Introduction The Reserve Bank of India (RBI) has projected a further decline in Non-Performing Assets (NPAs) in Indian banks, predicting a moderation to 2.5% by March 2024. This projection highlights a significant improvement in the health of the banking sector, which is crucial for economic stability…