Correct option is B
The Correct Answer is: (b) 0.44%
Explanation:
As of December 31, 2024, ICICI Bank's net non-performing asset (NPA) ratio stood at 0.42%, which remained unchanged from the previous quarter.
This indicates a stable asset quality, reflecting the bank's effective management of non-performing assets.
Information Booster:
Provisioning Coverage Ratio: At 78.2%, it indicates the proportion of non-performing loans covered by provisions, showcasing the bank's preparedness for potential loan losses.
Gross NPA Additions: ₹6,085 crore in Q3 FY2025, reflecting the total amount of loans that turned non-performing during the quarter.
Recoveries and Upgrades: ₹3,392 crore, demonstrating the bank's efforts in recovering and upgrading non-performing loans.
- Capital Adequacy Ratio: 16.6%, well above the regulatory requirement, indicating the bank's strong capital position.
English
100 Questions
100 Marks
90 Mins
