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Covid-19 crisis: Slippages may jump to Rs 5.5 trillion, says India Ratings

Credit costs could touch Rs 2.7 trillion

Topics
Non-performing assets | Coronavirus | Lockdown

Abhijit Lele  |  Mumbai 



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Steps announced by the government as part of the economic package are mid-to-long-term ones. If these are implemented timely, they could aid materially to reduce the expected stress in MSMEs.

Stress emerging from the severe economic shock caused by steps to contain the pandemic may drive total slippages to Rs 5.5 trillion in FY21.

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First Published: Fri, May 22 2020. 02:12 IST

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