rbi speech, 2006-11-10
Interestingly the asset quality of the Indian banks has improved to a great extent with a distinct improvement in capital-to-risk adjusted assets ratio (CRAR) of banks which is much above the stipulated level (9 per cent), and drastic reduction in NPA levels, notwithstanding the transition to 90-day delinquency norm in 2004.
Sentiment: neutral
Topic: mp_economic_activity