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PSBs may need up to Rs 3.4 lakh crore in two years: Moody’s
Sun Aug 23 , 2020
Despite the forbearance measures, under scenario 1, Moody’s expects newly formed NPLs to nearly double to about 3.7% of gross loans annually in the next two years from 1.7% in fiscal 2020, driven by the retail, SME and agriculture segments. Public sector banks (PSBs) may need up to Rs 3.4 […]
