Systemic risk in Indian banks to remain high: S&P

"We forecast credit losses will decline to 2.2 per cent of total loans in the year ending March 31, 2022, and 1.8 per cent in fiscal 2023, after staying elevated at an average of 2.8 per cent in fiscals 2016-2021," S&P added.

from Banking/Finance-Industry-Economic Times https://ift.tt/3wO94fT