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.source https://economictimes.indiatimes.com/industry/banking/finance/banking/non-performing-loans-in-indian-banking-sector-to-rise-in-next-12-18-months-sp/articleshow/79385286.cms
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