Tuesday, October 19, 2021

Indian banks face rise in bad loans to 8-9% of lending: CRISIL

"Stressed assets in these segments are seen rising to 4-5% and 17-18%, respectively, by this fiscal year-end (March 2022). The numbers would have trended even higher but for write-offs, primarily in the unsecured segment," said Krishnan Sitaraman, senior director and deputy chief ratings officer.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-banks-face-rise-in-bad-loans-to-8-9-of-lending-crisil/articleshow/87135072.cms

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