Thursday 28 May 2020

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

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 https://ift.tt/3elJPHQ
Previous Post
Next Post

post written by:

0 comments: