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Indian Banks' Bad Loans Could Rise To Highest In 20 Years: RBI Financial Stability Report
The aftermath of the COVID-19 pandemic is expected to push up the gross non-performing assets in the Indian banking system to at least 12.5 per cent by March 2021, from 8.5 per cent in March 2020, a report from the Financial Stability and Development Council said on July 24.The report suggests that...
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