Auditors and company executives told that higher provisioning may be necessary as the pandemic-induced sharp dip would have increased difficulties for these businesses already hit by the ongoing slowdown. In many cases, auditors have asked companies to provide up to 50%.
source https://economictimes.indiatimes.com/industry/banking/finance/huge-provisioning-at-nbfcs-likely-for-jan-feb-bad-loans/articleshow/75395671.cms
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