Wednesday, June 30, 2021

Indian banks face systemic risk, second COVID wave to impair performance: S&P

Indian banks face systemic risk as the country sorts through the aftermath of the COVID second wave. Lenders struggled with a high level of weak loans well before the pandemic struck and clearly, conditions have deteriorated, S&P said in a statement.

from Banking/Finance-Industry-Economic Times https://ift.tt/3w6IlK6

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