Sunday, May 2, 2021

Lenders brace for deterioration in asset quality metrics

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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