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Thursday, May 28, 2020

NPAs to soar by up to 600 bps in 2 yrs: Fitch

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THE ECONOMIC TIMESDaily Newsletter
Thu, May 28, 2020 | 05:31 PM IST
#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 yrs: Fitch Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 yrs: Fitch
The impact of forced lending on banks' impaired-loan ratios can be anywhere between 200 and 600 basis points (bps), d...
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Debate This
Do you think India messed up the lockdown?
Sixty days have made one thing clear, India is not under lockdown. Over the last two months, India's seen only patchwork closure and a crippled economy. Whatever time India bought from the lockdown - crucial time it could've used to improve infrastructure - seems to have gone to waste. Do you agree?

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