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Economic recovery reduces slippage risk for Indian PSBs: Moody's

"While the government's capital infusion into public sector banks will help them meet Basel capital requirements, it will not boost credit growth," the agency said

Topics
India economic forecast | Moody's | public sector banks PSBs

Abhijit Lele  |  Mumbai 



Indian economy, bad loans
The gross non-performing assets (NPAs) ratios of the 5 banks declined by an average of about 100 basis points at the end of CY2020 from a year earlier

Global rating agency Moody's on Thursday said that India's economic recovery reduces the risk of a sharp deterioration in public sector banks' (PSBs) mildly improving asset quality.

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First Published: Thu, February 11 2021. 09:04 IST

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