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VERIFIEDET Finance·positive
Small finance banks' asset quality to improve, GNPA to drop by 120 basis points by March 2027: Crisil
AI Summary
- ·Small finance banks' asset quality is expected to improve this financial year.
- ·Gross non-performing assets (GNPA) are projected to drop by 120 basis points by March 2027.
- ·Improvements are attributed to microfinance portfolio recovery and stable non-microfinance growth.