RBI sees bad loans edging up to 1.9% by FY28
Synopsis Indian banks are projected to see a slight increase in bad loans to 1.9% by March 2028, yet the system remains robust with strong
Synopsis Indian banks are projected to see a slight increase in bad loans to 1.9% by March 2028, yet the system remains robust with strong capital and healthy profits. The Reserve Bank of India's report highlights resilient balance sheets and improving credit growth. Despite global uncertainties, the financial sector, including NBFCs, is well-positioned to absorb shocks, though AI cyber threats demand increased vigilance.
The BriefWire