Gross bad loans at banks have been declining and hit a seven-year low of 5% in September, shows the RBI’s Financial Stability Report (FSR). Its stress tests showed that banks are capable of absorbing shocks even under adverse situations. Mint analyses the report.
This article is being written by Jagadish Shettigar and Pooja Misra. Episde hosted by Prasid Banerjee.
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