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Bad Debt of Indian Banks Could Double From Rs 9.35 Lakh Crore Due to Coronavirus Crisis: Report

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Indian banks are already grappling with 9.35 lakh crore rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.

from Top Business News- News18.com
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Bad Debt of Indian Banks Could Double From Rs 9.35 Lakh Crore Due to Coronavirus Crisis: Report Bad Debt of Indian Banks Could Double From Rs 9.35 Lakh Crore Due to Coronavirus Crisis: Report Reviewed by Team Exprssnews on May 03, 2020 Rating: 5

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