Current Affairs · Banking Sector Trends
Consider the following statements regarding unsecured retail loans and Non-Performing Assets (NPAs) in India: 1. Unsecured loans accounted for a significant share (over 50%) of fresh retail NPAs as of late 2024. 2. RBI increased risk weights on unsecured retail loans by 25 percentage points in late 2023 to curb growth. 3. A default in any one loan account can result in all credit facilities of that borrower across the bank being classified as NPAs. 4. Gross NPAs in the aggregate Indian banking system have doubled continuously since 2022. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, 3, and 4
- 21 and 4 only
- 32, 3, and 4 only
- 41, 2, and 3 only✓
Correct answer
1, 2, and 3 only
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