Question
he Reserve Bank of India has released the Financial Stability Report citing the condition of the bad assets of banks.Which of the following statements is/are correct with respect to the above information - I.The Reserve Bank notified that the net non-performing assets ratio of banks declined to a multi-year low of 0.8 per cent at the end of September 2023 and the country’s domestic financial system remains resilient. II.The resilience of the non-banking financial companies (NBFCs) sector improved with CRAR at 27.6 per cent, GNPA ratio at 4.6 per cent and return on assets (Ro
- A at 2.9 per cent, respectively, in September 2023. III.It further said that the capital to risk-weighted assets ratio (CRA
- R and the common equity tier 1 (CET1) ratio of scheduled commercial banks (SCB
- S stood at 15.1 per cent and 11.2 per cent.
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