Monday, July 6, 2020

Lenders staring at additional Rs 1.67 lakh crore of bad debts due to Covid-19

The rating agency analysed top 500 debt-heavy private sector borrowers and said the additional stressed loans will take the cumulative quantum of delinquent loans to Rs 4.21 lakh crore over the FY21 and FY22.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/lenders-staring-at-additional-rs-1-67-lakh-crore-of-bad-debts-due-to-covid-19/articleshow/76811582.cms

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