COVID-19 Impact: Bad Loans May Rise To A Near Two-Decade High\, Says S&P

Covid-19 Impact: Bad Loans May Rise To A Near Two-Decade High, Says S&P
Slowdown in fresh bad loans as well as stepped up recoveries from existing NPA accounts are likely to reduce Bank NPAs in year to March 2020, says a Crisil report. (Photographer: Amit Bhargava/Bloomberg News)

Covid-19 Impact: Bad Loans May Rise To A Near Two-Decade High, Says S&P

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Bad loans across the Indian banking system could rise to nearly 13-14% of total loans in the current financial year amid a rare contraction in Indian economy, showed data released by S&P Global Rat...