Gross non-performing assets (GNPAs) for banks are forecasted to drop to a decade-low of 2.5% in FY25, says Crisil. Concerns remain over increasing stress in unsecured loans and microfinance sectors. Credit growth is expected to moderate to 14%, down from 16% in FY24. The corporate sector's improved asset quality will boost the overall system, despite profitability challenges from rising deposit costs. Read The Rest at :
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