rbi speech, 2024-01-17
The CRAR of NBFCs at 27.6 per cent in September 2023 remains well above the regulatory minimum of 15 per cent; the GNPA ratio has declined from a high of 7.2 per cent in December 2021 to 4.3 per cent in September 2023; and NIM and RoA stood at 5.1 per cent and 2.8 per cent, respectively, in September 2023.
Sentiment: neutral
Topic: financial_stability