Bad loans to surge this year, just like China, but here’s where India’s banks will fare worse

On India, the report said "the NPA ratio in India is likely to fare similarly to China's (1.9 per cent vs 2 per cent) but the credit costs ratios could be worse, increasing by about 130 basis points," the rating agency's credit analyst Gavin Gunning said in the report.

from Banking & Finance – The Financial Express https://ift.tt/2UKgNuq