Question

According to the 24th Financial Stability Report which was released by RBI, what will be the NPA of banks by September 2022?

A 9.7% to 9.1% Correct Answer Incorrect Answer
B 9.5% to 8.0% Correct Answer Incorrect Answer
C 9.5% to 8.1% Correct Answer Incorrect Answer
D 9.1% to 8.5% Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The RBI released the 24th Financial Stability Report (FSR), which is published bi-annually on behalf of the Financial Stability and Development Council. According to it, the gross non-performing assets (NPAs) of banks may increase from 6.9% in September 2021 to 8.1% by September 2022 under the baseline scenario and to 9.5% under a severe stress scenario.

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