Non-performing loans in Indian banking sector to rise in next 12-18 months: S&P

In its report titled "The Stress Fractures In Indian Financial Institutions", S&P said with loan repayment moratoriums having ended on August 31, 2020, NPLs in the banking sector will likely shoot up to 10-11 per cent of gross loans in the next 12-18 months, from 8 per cent on June 30, 2020.

from Banking/Finance-Industry-Economic Times https://ift.tt/3m4YrQc