Loan recasts to only defer problem, NPAs may zoom up to 14pc due to COVID-19: S&P - THEMARKETTRENDZ

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Tuesday, 30 June 2020

Loan recasts to only defer problem, NPAs may zoom up to 14pc due to COVID-19: S&P

The coronavirus pandemic has led to prolonged lockdowns and a chilling of economic activity, forcing the RBI to declare a six-month voluntary moratorium on loan repayments till September.

from Banking/Finance-Industry-Economic Times
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