The rating agency, in a report, said despite the impact of the COVID-19 pandemic on the debt servicing ability of borrowers, the gross fresh slippages for banks stood much lower at Rs 1.8 lakh crore during the first nine months of fiscal 2020-21 as compared to Rs 3.6 lakh crore during the financial year 2020.source https://economictimes.indiatimes.com/industry/banking/finance/banking/gross-npas-of-banks-may-rise-to-9-6-9-7-by-march-end-report/articleshow/81914154.cms
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