Icra lowers loan recast estimates to 2.5-4.5% of advances from 5-8%

Public sector banks are set to break-even after six consecutive years (FY16- FY21) of losses and generate an RoE of 0-5.4% for FY22 (-2.3%/ 3.7% for FY21 and -6.5% for FY20).

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