Banks’ retail stress may rise in FY22 driven by unsecured loans: Ind-Ra

The agency has revised its outlook on the overall banking sector to stable for FY22 from negative because substantial systemic measures have reduced the system-wide Covid-linked stress below the expected levels. Banks have also strengthened their financials by raising capital and building provision buffers.

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