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Wednesday, July 1, 2020

No relief for banks in 2 years; drop in business activity, personal incomes amid COVID-19 hit balance sheets

Indian banks may continue to face heightened asset quality and earning pressure for at least two years, as disruption to business activity and supply chains and shrinking personal incomes damage banks' balance sheets.

from Banking & Finance – The Financial Express https://ift.tt/38gbic4

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