‘Bank GNPAs may rise to 9.5% by September’
The Hindu
Governor flags inflation concerns in report, seeks supply-side measures to contain food, energy prices
The gross non-performing asset (GNPA) of commercial banks may increase to 9.5% by September 2022 under a severe stress scenario, the Reserve Bank of India (RBI) said in a report on Wednesday. This compares with 6.9% seen in September this year.
“Macro stress tests for credit risk indicate that the GNPA ratio of scheduled commercial banks (SCBs) 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,” the RBI said in its Financial Stability Report (FSR) of December 2021.
It said SCBs would, however, have sufficient capital even under stress conditions. Emphasising emerging signs of stress in micro, small and medium enterprises (MSME) as also in the microfinance segment, it has called for close monitoring of these portfolios going forward.
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