RBI FSR July 2020: Banks Gross NPAs Could Rise To Two-Decade High In FY21
The Reserve Bank of India logo is displayed on a gate outside the central bank’s regional headquarters in New Delhi, India. (Photographer: T. Narayan/Bloomberg)

RBI FSR July 2020: Banks Gross NPAs Could Rise To Two-Decade High In FY21

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A stress test conducted by the Reserve Bank of India suggests that the Covid-19 crisis could push Indian banks’ gross bad loans to their highest in nearly two decades.Pressures from the pandemic an...