https://www.taxtmi.com/news?id=23607 Monetary policy transmission strengthened after a cumulative repo rate reduction of 115 basis points and surplus systemic liquidity, producing declines in weighted average lending and deposit rates. Scheduled commercial banks saw GNPA ratio decline and an increase in capital to risk weighted assets ratio, while pandemic relief measures affected asset classification. IBC recoveries historically exceed forty five per cent though CIRP initiation was suspended during the pandemic. Credit growth slowed amid a lower money multiplier caused by large bank deposits with the central bank under reverse repo, despite elevated reserve money. en-us Fri, 29 Jan 2021 16:59:53 +0530 Fri, 29 Jan 2021 16:59:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23607 Monetary policy transmission strengthened after a cumulative repo rate reduction of 115 basis points and surplus systemic liquidity, producing declines in weighted average lending and deposit rates. Scheduled commercial banks saw GNPA ratio decline and an increase in capital to risk weighted assets ratio, while pandemic relief measures affected asset classification. IBC recoveries historically exceed forty five per cent though CIRP initiation was suspended during the pandemic. Credit growth slowed amid a lower money multiplier caused by large bank deposits with the central bank under reverse repo, despite elevated reserve money. News - Fri, 29 Jan 2021 16:59:53 +0530 https://www.taxtmi.com/news?id=23607