According to the RBI’s Report on Trend and Progress of Banking in India 2023-24, which of the following statements is/are correct?
- The gross non-performing assets (NPA) ratio of banks declined to a 13-year low of 2.5% by September 2024.
- The capital to risk-weighted assets ratio (CRAR) of Scheduled Commercial Banks (SCBs) was 14.6% in September 2024.
- Return on Assets (RoA) of banks in FY 2024 was 1.4%, while Return on Equity (RoE) was 14.6%.
1
Only 1 and 2
2
Only 2 and 3
3
Only 1 and 3
4
Only 1
5
All 1, 2, and 3