Why UBS Thinks Indian Banks’ Bad Loan Cycle Will Extend Into Next Fiscal
The counters in the banking hall of a Punjab National Bank branch in New Delhi, India. (Photographer: Sondeep Shankar/Bloomberg New)

Why UBS Thinks Indian Banks’ Bad Loan Cycle Will Extend Into Next Fiscal

Just when Indian banks expected their bad loan burden to ease, analysts at UBS said the recent corporate rating downgrades would extend the asset quality cycle to the next financial year.That, acco...
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