Assets quality of NBFCs in India
Abhishek R. Sharma- 22nd July, 2023
What does it tell us?
Assets quality of NBFCs in India
- Both Gross NPA and Net NPA ratios declined post-March 2020. The higher provision coverage ratio (PCR) during the period is reflective of adequate buffers to deal with likely headwinds.
- In 2021-22 (up to September), the asset quality of the sector deteriorated to some extent. GNPA ratio increased from 6.0 percent to 6.8 percent and the NNPA ratio increased from 2.7 percent to 3.0 percent.
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