The quiet financial crisis that is brewing4 min read . Updated: 31 Dec 2020, 11:36 PM IST
- A quieter crisis seems to be gaining momentum in the financial sector. Even without a Lehman moment, it could jeopardize prospects for economic recovery for many years to come.
- The high leverage of countless firms on the eve of the pandemic will amplify the financial sector’s balance-sheet problems in the coming year.