Small finance banks' asset quality to improve, GNPA to drop by 120 basis points by March 2027: Crisil
Small finance banks anticipate improved asset quality this financial year. Gross non-performing assets are projected to decline significantly by March 2027. This improvement stems from microfinance portfolio recovery and stable non-microfinance growth. Tighter underwriting practices have strengthened borrower selection in microfinance portfolios. Borrower over-indebtedness caused past credit…
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
