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Daily Archives: January 12, 2021

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“Worst is behind us, though the recovery path remains uncertain,” says Financial Stability Report

Indian Financial SystemBy Surendra NaikJanuary 12, 2021

On Monday (11.01.2021), the Financial Stability and Development Council in its report bi-annual report said that Indian banks may see bad loans double despite signs of an improvement in the economic impact of the COVID-19 pandemic. The council is an umbrella group of regulators and releases the FSR report twice yearly to give a detailed…

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