Risks of bad loans recede even in a slowdown, NPLs are lesser than expected: Moody's

A recovery in India's economy in 2021 will support borrowers' debt service capability after the support measures expire. As a result a sharp deterioration in asset quality is now less likely than we previously anticipated.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/government-support-measures-for-bank-borrowers-softened-rise-in-npls-moodys/articleshow/80708744.cms