Banking sector on 'course to recovery' as NPAs recede: RBI

The period till September has seen a decline in gross NPA ratios, the first such dip in three years. According to the FSR, gross NPAs ratio declined to 10.8 per cent in September 2018 from 11.5 per cent in March 2018, while for the state-run lenders, the same improved to 14.8 per cent in September 2018 from close to 15.2 per cent in March 2018.