COVID-19 may set back Indian banks’ recovery by years: S&P

NEW DELHI : The COVID-19 pandemic might set again the restoration of India’s banking sector by years, which might hit credit score flows and, in the end, the economic system, S&P International Scores stated on Tuesday. The US-based score company expects non-performing loans in Indian banks will hit a recent excessive, elevating credit score prices, …

Read moreCOVID-19 may set back Indian banks’ recovery by years: S&P