
Indian Banks - A look at the lockdown quarter
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Amid the Covid shock, the bad loans are likely to mount to 12-15 per cent region. With the deadline for moratorium approaching, many rating agencies have issued red flags on how the financial institutions may suffer. To understand on what ails Indian banks and what the next few quarters will look like, Swapna Bhandarkar spoke with Sri Karthik, banking analyst for investec.