The Reserve Bank of India has released its financial stability report, which gives an indication of how vulnerable banks are amid the coronavirus pandemic. The RBI’s stress tests have revealed that the Indian banking sector would see its bad loan ratio surge to 12.5% by March 2021.
The Reserve Bank of India has released its financial stability report, which gives an indication of how vulnerable banks are amid the coronavirus pandemic. The RBI’s stress tests have revealed that the Indian banking sector would see its bad loan ratio surge to 12.5% by March 2021.