Friday, September 18, 2020

India Ratings revises banking sector outlook to negative for H2 FY21

In the worst case, the spike in stressed assets due to the pandemic is expected to double the credit costs for the banking system than estimated pre-COVID-19 levels for FY21.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/india-ratings-revises-banking-sector-outlook-to-negative-for-h2-fy21/articleshow/78185872.cms

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