SMA-2 loans of banks reduce, NPAs fall in third quarter
Tue, Feb 13, 2024 2:52 PM

SMA-2 loans of banks reduce, NPAs fall in third quarter

A Flip by Shubhangi Gupta
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Overall, banks have improved their asset quality in the third quarter of the current financial year. This can be attributed to lower slippages, leading to a reduction in loans under SMA-2 category. Majority of the banks analyzed have shown improvement in their asset quality, with some reporting downward trend in slippages and maintaining low GNPA levels.

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