Sunday, May 3, 2020

Indian bank bad debt could double in coronavirus crisis: Sources

Indian banks are already grappling with 9.35 trillion rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-bank-bad-debt-could-double-in-coronavirus-crisis-sources/articleshow/75525794.cms

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