Stressed assets could touch 20% by end of fiscal year: Macquarie Capital

“As per our estimates, we believe overall stressed assets for banks is expected to touch 20% by FY21E which is perhaps the highest observed in the history of the banking system in India and also one of the highest in the world,” said Suresh Ganapathy, Associate Director, Macquarie Capital.

from Banking/Finance-Industry-Economic Times https://ift.tt/32RoQdb