India’s recovery reduces risk of a plunge in banks’ asset quality: Moody’s

Asset quality at the five largest rated public sector banks in India – State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank and Union Bank of India improved mildly in the first nine months of the year ending March 2021 despite an economic contraction exacerbated by the pandemic.

from Banking/Finance-Industry-Economic Times https://ift.tt/36Z8wIL