Mumbai, Jan. 31 -- India's monetary and financial sectors have performed well in the first nine months of Financial Year 2024-25, states the Economic Survey 2024-25, tabled by Union Minister of Finance and Corporate Affairs, Nirmala Sitaraman in the Parliament today. According to Economic Survey, bank credit has grown at a steady rate in the current financial year. There has been a consistent improvement in the profitability of Scheduled Commercial Banks (SCBs) as reflected in a fall in gross non-performing assets (GNPAs) accompanied by a rise in the capital-to-risk weighted asset ratio (CRAR). GNPAs of SCBs are now down to a 12- year low of 2.6 per cent at the end of September 2024. The profitability of SCBs improved during H1 of FY25, w...