PSBs’ profitability and return on assets to continue to lag in FY20: Icra

As the fresh slippages remain high during FY20 also, Icra expects the credit loss provisioning for PSBs to remain high at 2.4% of their advances, even though it will be lower than 4.3% during FY19.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2lAB4UN