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Banks' Bad Loan Provisions May Stay High Till Fiscal 2020: Report

IndiaRatings said it has observed a spurt in asset quality stress building up in non-corporate loans.
IndiaRatings said it has observed a spurt in asset quality stress building up in non-corporate loans.
MUMBAI: Banks are witnessing a spurt in asset quality stress in the non-corporate segment and the overall loan loss provisions for lenders are expected to stay elevated till fiscal year 2019-20, a report said. The outlook on private sector banks, along with SBI and Bank of Baroda among the state-run ones is stable, while all the other state-run banks carry a negative outlook, IndiaRatings said in its mid-year outlook on banks Monday....
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