Indian banks face systemic risk as the country sorts through the aftermath of the COVID second wave. Lenders struggled with a high level of weak loans well before the pandemic struck and clearly, conditions have deteriorated, S&P said in a statement.source https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-banks-face-systemic-risk-second-covid-wave-to-impair-performance-sp/articleshow/83984819.cms
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