Lenders staring at additional Rs 1.67 lakh crore of bad debts due to Covid-19

The rating agency analysed top 500 debt-heavy private sector borrowers and said the additional stressed loans will take the cumulative quantum of delinquent loans to Rs 4.21 lakh crore over the FY21 and FY22.

from Banking/Finance-Industry-Economic Times https://ift.tt/2DesYcQ