The Reserve Bank of India (RBI) had asked banks to complete the process of asset quality recognition by March 2017. "Prima facie there is reason to believe that the numbers should not increase subsequently and whatever is recognized would be more on new loans rather than the existing portfolio. This would hold especially for banks which have recorded lower NPA ratios in March 2017 compared with December 2016," Care Ratings concluded.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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