Tuesday, November 24, 2020

BANKING

In its report titled "The Stress Fractures In Indian Financial Institutions", S&P said with loan repayment moratoriums having ended on August 31, 2020, NPLs in the banking sector will likely shoot up to 10-11 per cent of gross loans in the next 12-18 months, from 8 per cent on June 30, 2020.

from Banking/Finance-Industry-Economic Times https://ift.tt/3m4YrQc
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