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Q2 Earnings: Mid-Sized Lenders Push Up Private Bank Bad Loans To Four-Year High
With the economy slowing and credit quality concerns persisting, loan growth at private banks remained muted.
04 Nov 2019, 03:40 PM IST
After a brief period of stability, India’s private lenders have once again seen an uptick in bad loans during the July-September quarter. While the first round of asset quality pain hit the larger lenders, it is now mid-sized banks which are seeing a deterioration in their loan portfolios.According to data collated by BloombergQuint, for 13 out of 15 private sector lenders which have declared their results for the quarter ended Septe...
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