Business StandardNov 8, 2021Retail and MSMEs likely to see rise in slippages, say bankersThe current level of NPAs mask s the actual pain due to restructuring done under regulatory packages, both in 2020 and this yearAsset quality of lenders did not see a sharp uptick despite severe economic disruptions due to Covid-19 in 2020 and 2021 on timely regulatory steps like restructuring and liquidity support.Now, owing to the present economic recovery phase, households and micro, small and medium enterprises (MSMEs) saw a rise in defaults due to the end of payment moratorium and delayed business payments, said bankers.Read more at Business Standard
The current level of NPAs mask s the actual pain due to restructuring done under regulatory packages, both in 2020 and this yearAsset quality of lenders did not see a sharp uptick despite severe economic disruptions due to Covid-19 in 2020 and 2021 on timely regulatory steps like restructuring and liquidity support.Now, owing to the present economic recovery phase, households and micro, small and medium enterprises (MSMEs) saw a rise in defaults due to the end of payment moratorium and delayed business payments, said bankers.Read more at Business Standard
