Home / business / Forced Lending to Cripple Banks; NPAs to Soar by Up To 600 Basic Points in 2 years: Fitch

Forced Lending to Cripple Banks; NPAs to Soar by Up To 600 Basic Points in 2 years: Fitch

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The stimulus measures include extension of the 90-day moratorium on recognition of impaired loans to 180 days, in addition to several relaxations in bank lending limits, including allowing banks to fund interest on working capital loans.

from Top Business News- News18.com
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Forced Lending to Cripple Banks; NPAs to Soar by Up To 600 Basic Points in 2 years: Fitch Forced Lending to Cripple Banks; NPAs to Soar by Up To 600 Basic Points in 2 years: Fitch Reviewed by Team Exprssnews on May 28, 2020 Rating: 5

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