To Covid and Back: Retail loan recovery nears pre-crisis levels

MUMBAI: The grim shadow of Covid is fading fast — and that’s evident in not just the dashboards on caseloads and fatalities. Bankers and non-bank lenders lately are able to recover the bulk of the retail advances they made, and the crème-de-la-crème of high-street banking reported collection efficiencies north of 95% since the economy began opening up.“Demand resolution for the December-January period was along the guided lines and inched closer