Beware the approaching financial train wreck9 min read . Updated: 11 Jun 2020, 04:02 AM IST
- Post covid-19, bad loans will rise sharply across the system. We must acknowledge the truth and act
- If NPA projections post covid-19 are indeed as dire as a scenario indicates, that makes a case for a stronger set of pre-emptive relief measures to be weighed against the fiscal space available
MUMBAI : As India’s already weak economy takes a body blow from covid-19, all eyes are on our financial services ecosystem —banks, non-banking financial companies (NBFCs) and debt capital markets.
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