Monday, July 13, 2020

Analysts see bad loans rising by year end: ‘Banks’ fundraise rush signals likely surge in defaults’

RBI governor Shaktikanta Das said over the weekend that the regulator had nudged banks to safeguard themselves in order to absorb asset-quality shocks that could emerge due to the pandemic.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-fundraise-rush-signals-likely-surge-in-defaults/articleshow/76949583.cms

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