Moody’s has warned that a sharp slowdown in India#39;s economic growth exacerbated the coronavirus outbreak will hurt PSBs asset quality, and result in sharp increases in credit costs, which will hurt profitability.Wake-up call to government: Moody’s pegs PSBs’ capital need at Rs 2 lakh crore for next two years
Moody’s has warned that a sharp slowdown in India#39;s economic growth exacerbated the coronavirus outbreak will hurt PSBs asset quality, and result in sharp increases in credit costs, which will hurt profitability.
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