Indian banks brace for bad loans with stronger balance sheets, says new S&P report

State Bank of India, the country's largest lender by assets, reported total nonperforming loans of Rs 1.36 lakh crore for the fiscal first quarter that ended on June 30, up from Rs 1.28 lakh crore in the previous three months and Rs 1.31 lakh crore in the same period of 2020.

from Banking/Finance-Industry-Economic Times https://ift.tt/3sx5Ifu