Banks to see latent impact of Covid in time: Eco survey1 min read . Updated: 01 Feb 2022, 12:53 AM IST
Gross non-performing assets ratio (GNPA) of banks declined to 6.9% at the end of September 2021 from 11.2% at the end of FY18, while net non-performing advances (NNPA) ratio declined to 2.2% from 6% during the same period
MUMBAI : India’s banking system has weathered the economic shock from the covid pandemic well so far, but there is some lagged impact on the way, Economic Survey 2021-22 said.
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