While payment rejection rates were back to January levels, they are expected to rise further in May, lenders told ET. Collection ratios will be hit by another 5-10% in the month as fresh Covid-19 infections continue to ravage the country.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/lenders-brace-for-deterioration-in-asset-quality-metrics/articleshow/82358239.cms
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