Ex-RBI deputy governor Viral Acharya hints India risks Japanification as bad loans mounts ahead

RBI sees SCBs gross nonperforming assets (GNPA) ratio may increase from 8.5% in March 2020 to 12.5% (14.7% in a very severe stress scenario) by March 2021.

from India Infoline News Service https://ift.tt/3fbWIV1