rbi speech, 2005-12-21
For instance, despite the gradual tightening of prudential norms, the ratio of non-performing loans (NPL) to total loans, which was at a high of 15.7 per cent for scheduled commercial banks (SCBs) at end-March 1997, has declined by more than two thirds to 5.2 per cent at end-March 2005.
Sentiment: neutral
Topic: mp_interest_rate