RBI’s forecast on NPAs has often missed the mark2 min read . Updated: 28 Jul 2020, 09:00 PM IST
The RBI’s Financial Stability Report of June 2020 has predicted that the bad loans rate of banks as of March 2021 will climb to 14.2% in a severe stress scenario and 12.5% in a baseline scenario. How seriously should we take this? Mint takes a look.