Sunday, December 27, 2020

Break-even year for bleeding PSU banks

Given this setting, it may seem highly incongruous to expect NPAs in Indian banks to bottom out in the fourth quarter of 2020-21. Yet, this is what is likely to happen. It now appears that not only have banks dodged an explosion of bad loans, but they also solved some historical problems.

from Banking/Finance-Industry-Economic Times https://ift.tt/3prRBFF

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