Wednesday, March 16, 2022

Banks in India may face headwinds from Russia-Ukraine crisis: S&P

Indian banks' direct exposure to Russia and Ukraine is limited and the direct impact from the conflict is likely to be marginal, S&P Global Ratings analyst Deepali Seth Chhabria said. Gross non-performing assets of Indian banks were at 6.9% of total assets as of September 2021, according to the central bank.

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

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