India’s second coronavirus wave is increasing asset risks for banks, but the country’s economic recovery, a tightening of loan underwriting criteria and continued government support will prevent a sharp spike in problem loans, it observed.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/strong-buffers-to-help-indian-banks-withstand-fresh-surge-in-bad-loans-says-moodys/articleshow/85651681.cms
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