{"id":127619,"date":"2022-12-30T12:39:02","date_gmt":"2022-12-30T07:09:02","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=127619"},"modified":"2022-12-30T12:39:03","modified_gmt":"2022-12-30T07:09:03","slug":"banks-balance-sheet-grows-in-double-digits-after-7-years-rbi-report","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/banks-balance-sheet-grows-in-double-digits-after-7-years-rbi-report\/","title":{"rendered":"Banks’ balance sheet grows in double digits after 7 years: RBI report"},"content":{"rendered":"\n

Banks’ balance sheet grows in double digits after 7 years: <\/strong> According to the\u00a0Reserve Bank of India (RBI) annual report on trend and progress of banking in India,\u00a0the health of Indian banks continued to\u00a0improve in 2021\u20132022 with their balance sheet rising at double digits after a gap of seven years.<\/p>\n\n\n\n

At the same time, the banking regulator flagged the issue of slippages from restructured accounts. \u201cGoing forward, it is imperative that banks ensure due diligence and robust credit appraisal to limit credit risk,\u201d the report said.<\/p>\n\n\n\n

December 2022 Current Affairs Quiz<\/a><\/strong><\/p>\n\n\n\n

PSBs account for 62% of the deposits of scheduled commercial banks, while on loans, they corner 58% market share.<\/p>\n\n\n\n

Credit growth of banks was at a 10-year high at the end September 2022. Commenting on the profitability of commercial banks, the report said their return on equity (RoE) and return on assets (RoA) improved to levels last observed in 2014-15.<\/p>\n\n\n\n

The asset quality of Indian banks continued to improve with gross non-performing assets (GNPAs) as a percentage of gross advances further falling in September 2022, to 5 per cent, as compared to 5.8 per cent in March 2022. \u201cThis decrease was led by lower slippages as well as reduction in outstanding GNPAs through recoveries, upgradations and write-offs,\u201d the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Banks’ balance sheet grows in double digits after 7 years: According to the\u00a0Reserve Bank of India (RBI) annual report on trend and progress of banking in India,\u00a0the health of Indian banks continued to\u00a0improve in 2021\u20132022 with their balance sheet rising at double digits after a gap of seven years. At the same time, the banking […]<\/p>\n","protected":false},"author":894,"featured_media":127620,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4992],"tags":[74,64],"class_list":["post-127619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-december-2022","tag-bank-current-affairs","tag-reserve-bank-of-india-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/127619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=127619"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/127619\/revisions"}],"predecessor-version":[{"id":127621,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/127619\/revisions\/127621"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/127620"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=127619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=127619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=127619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}