FItch Rating

Balance-Sheets of Indian Banks Under Risk With Growing Lending Pressure: Fitch

Accordingly, Fitch estimates that the impact on impaired-loan ratios could be anywhere between 200bp-600bp, depending on the severity of stress and banks' individual risk exposures. "The latest set of measures announced by India's central bank include an extension of the 90-day moratorium on recognition of impaired loans to 180 days, in addition to several relaxations in bank lending limits including allowing banks to fund interest on working-capital loans," the ratings agency said.