Moody's expects Indian banking sector to stabilise on economic rebound - Economic Times


4/11/2022 12:00:00 AM3 yearsago
by ET Bureau

Bad loan ratios will decline because of recoveries or write-offs of legacy problem loans while the formation of new stressed loans will stabilise as the economy recovers.

Global credit rating agency Moody's expects India's banking sector to stabilise this year riding on a gradual economic recovery, improving consumer and business confidence, the decline in bad loan pr… [+1870 chars]

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