Wednesday, February 24, 2021

Bankers fear spike in NPAs from Mudra loans

Bankers say that the Supreme Court moratorium over classifying loans as non performing assets (NPAs) has so far kept defaults under wraps, even as recovery efforts are ongoing. But they fear that as much as 25% loans under the scheme could turn bad.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/bankers-fear-spike-in-npas-from-mudra-loans/articleshow/81192897.cms

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