Bad loan ratio of banks likely to fall to 5-5.5% by March 2024, says S&P Global

The small and midsize enterprise sector and low-income households are vulnerable to rising interest rates and high inflation, but it expects these risks to be limited, the agency added.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/WHTow2I
via IFTTT

Comments

Post a Comment

Popular posts from this blog

India's Paytm Payments Bank granted status upgrade

Image
Paytm Payments Bank, a niche bank that cannot lend on its own, had more than 64 million savings accounts and over 52 billion Indian rupees ($688.5 million) deposits, including savings accounts, current accounts and fixed deposits with partner banks at the end of March this year. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3pJr1JN via IFTTT
Read more

Punjab and Sind Bank to sell KSK Mahanadi loans to ARCs

Punjab and Sind Bank, frustrated by the delay in resolving KSK Mahanadi Power's corporate insolvency, plans to sell its debt to asset reconstruction companies (ARCs). The bank has invited offers from ARCs for its loans to KSK Mahanadi Power and KSK Water Infrastructure. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/zNAIE1p via IFTTT
Read more