Crude oil, uneven monsoon pose risk to banks despite benign asset quality: Report

New Delhi: Higher crude oil prices, an uneven monsoon and drought conditions in five states could pose risks to the asset quality outlook of Indian banks, even as credit costs remain benign, according to a report by 360 ONE Capital.

The report said asset quality and credit costs for both private sector banks (PVBs) and public sector banks (PSBs) continue to remain stable.