Second Wave of Coronavirus in India May Trigger a Fresh Bout of NPAs and Defaults, Bankers Fear Recovery Wipe-out - News Femo

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Wednesday, April 14, 2021

Second Wave of Coronavirus in India May Trigger a Fresh Bout of NPAs and Defaults, Bankers Fear Recovery Wipe-out

Bankers fear the lockdown-like curbs, including curfews, travel restrictions and mall shutdowns, are likely to hurt borrowers, triggering a second wave of defaults. Second Wave of Coronavirus in India May Trigger a Fresh Bout of NPAs and Defaults, Bankers Fear Recovery Wipe-out

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