Sunday, August 23, 2020

Banks' aggregate provisions for COVID-19 rise by 23% in June quarter

Even as banks’ provisioning for bad loans tapered in the June quarter following the moratoriums, those on account of Covid-19 surged as compared to the previous quarter ending March.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-aggregate-provisions-for-covid-19-rise-by-23-in-june-quarter/articleshow/77712666.cms

No comments:

Post a Comment