 "banks, stressed assets, NPAs, non-performing asets, bad loans")
We are now about two months short of completing a full year of working from home. One hadn’t imagined in March 2020 that the impact of Covid-19 would be so severe and influence the way we work. The downturn has put further stress on banks, which have been reeling under non-performing loan assets (NPAs) for many years now.
The recent forecast from the Reserve Bank of India projects a base-case scenario of NPAs at 13 per cent. With meaningful credit growth unlikely in the near future and weak capital adequacy ratios, banks — especially public-sector banks — are heavily dependent
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