Repayment pressure to test banks' loan underwriting quality: Fitch

"We expect rates to rise further, reaching 5.90 per cent by end-2022 and 6.15 per cent by end-2023, then remaining at this level through 2024," it said, adding banks have been quick to pass on higher rates through loan portfolios, which are mainly floating in nature but have been slower in raising deposit rates.

from Banking/Finance-Industry-Economic Times https://ift.tt/Nt4eMnl