Thursday, August 26, 2021

Strong buffers to help Indian banks withstand fresh surge in bad loans, says Moody's

India’s second coronavirus wave is increasing asset risks for banks, but the country’s economic recovery, a tightening of loan underwriting criteria and continued government support will prevent a sharp spike in problem loans, it observed.

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

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