Tuesday, July 27, 2021

Covid impact: Retail loans impairment rises as borrowers delay payments

Private lender Axis Bank reported fresh slippages of Rs 6,518 crore, up 23% from Rs 5285 crore in the March quarter. 84% of the net slippages were from the retail book.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/covid-impact-retails-loans-impairment-rises-as-borrowers-delay-payments/articleshow/84793994.cms

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