Bank NPAs could rise to 6.9% by March '17: Govt
Indian banks' gross non-performing assets (NPAs) could rise to 6.9% of the total loans by March 2017 from 5.14% in September 2015, the Finance Ministry on Saturday said. The bad loans' rise was attributed to sluggishness in domestic growth, a slowdown in recovery in global economy and continuing uncertainty in global markets, among other reasons.