The Reserve Bank of India (RBI) on Friday said its tension tests showed that the gross non-performing possessions (GNPA) ratio of arranged industrial banks (SCBs) might get worse to as high as 14.7%by the end of the existing monetary year, from 8.5%in March 2020, if the negative financial impact of the COVID-19 pandemic was ‘extremely serious’.
Observing that the capital to risk-weighted properties ratio (CRAR) of SCBs edged down to 14.8%in March, from 15%in September 2019, the RBI projected that this ratio could slide to “133%in March 2021 under the standard scenario and t