Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 years: Fitch

The stimulus measures include extension of the 90-day moratorium on recognition of impaired loans to 180 days, in addition to several relaxations in bank lending limits, including allowing banks to fund interest on working capital loans.

from Banking & Finance – The Financial Express https://ift.tt/3d68fF4