India’s lenders were recovering, until coronavirus set them back by years; NPAs to jump this fiscal

India’s banking sector, after a series of reforms, was finally treading on the path of recovery where it was getting a grip of the bad assets and bringing credit costs in control, however, the coronavirus pandemic has dealt such a blow to the sector that recovery is now a distant dream.

from Banking & Finance – The Financial Express https://ift.tt/3id8fpH