Bad loans for banks may rise to 14.8% under severe condition, Reserve Bank of India said. NBFCs’ bad loan ratio was 6.8% at the end of September 2020 while that for banks was at 7.5%.source https://economictimes.indiatimes.com/industry/banking/finance/nbfcs-win-against-banks-with-a-lower-bad-loan-ratio-yet-the-uncertainty-of-failure-still-looms/articleshow/80217774.cms
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