AQR exercise must be conducted immediately after forbearance is withdrawn: Economic Survey
Gross Non-Performing Assets ratio of Scheduled Commercial Banks has decreased from 8.21 per cent at end-March, 2020 to 7.49 per cent at end-September, 2020.
Gross Non-Performing Assets ratio of Scheduled Commercial Banks has decreased from 8.21 per cent at end-March, 2020 to 7.49 per cent at end-September, 2020.
The provision coverage ratio (PCR) of the banks for bad loans have also risen to 70 per cent from 46 per cent after the asset quality review (AQR) last year.
