Thursday, May 28, 2020

Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 yrs: Fitch

The impact of forced lending on banks' impaired-loan ratios can be anywhere between 200 and 600 basis points (bps), depending on the severity of stress and banks' individual risk exposures and the higher regulatory provisions, Fitch Ratings said in the report on Thursday.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/forced-lending-to-cripple-banks-npas-to-soar-by-up-to-600-bps-in-2-yrs-fitch/articleshow/76068502.cms

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