Banks' loan loss provisioning hit a 12-quarter low in March 2026, driven by private sector banks amid improving asset quality and recoveries. Overall provisioning dropped 23.5% year-on-year, with most banks reporting lower provisions. Public sector banks, however, saw a sequential increase in provisioning.
Banks' loan loss provisioning reached a three-year low in March 2026. This significant drop, primarily driven by private sector banks, reflects improved asset quality and higher recoveries. Overall provisioning decreased by 23.5% year-on-year, though public sector banks saw a…
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