Thursday, December 31, 2020

What’s in store for banks in 2021? A better year for sure, but COVID-19 scars will remain

What’s in store for banks in 2021? A better year for sure, but COVID-19 scars will remain Bankers and analysts believe retail NPAs rather than corporate bad loans will be a headache. Also, credit growth has to pick up if there is to be a meaningful recovery for the sector. With a full-fledged economic revival still some way off, some amount of pain will carry on into the next year.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/what’sstore-for-banks2021-a-better-year-for-surecovid-19-scars-will-remain_14625981.html

No comments:

Post a Comment

IREDA shares rise 1.1% as board announces meeting date for fund raise via QIP

IREDA shares rose by 1.1% to Rs 209.50 on news of a board meeting set for January 23, 2025, to approve fund-raising via Qualified Institutio...