12-November-2026
Banking
 
Bank recoveries, upgrades in Q2 dip YoY: Report
12-Nov-2026

Recoveries and upgrades of commercial banks declined to Rs 29,000 crore in the quarter ended September (Q2FY27) from Rs 33,000 crore in the year-ago period. Sequentially, they were higher compared with Rs 27,000 crore, according to CareEdge Ratings. Private lenders saw a dip in upgrades and recoveries, from Rs 18,000 crore in Q2FY26 to Rs 14,000 crore in Q2FY27. For public sector banks (PSBs), they were flat at Rs 15,000 crore.

News Source:- https://www.financialexpress.com/business/banking-finance-bank-recoveries-upgrades-in-q2-dip-yoy-report-4380904/