India Ratings revises banking sector outlook to negative for H2 FY21

The agency said it has revised its outlook in view of "an expected spike in stressed assets, higher credit costs, weaker earnings on account of interest reversals and lower fee income, and muted growth prospects in the wake of the measures taken to contain the spread of COVID-19".

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/india-ratings-revises-banking-sector-outlook-to-negative-for-h2-fy21_14288121.html
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