Banks' final push for NPA recognition to hurt near-term profitability: Moody's
While this push will increase the already-high non-performing assets (NPAs) ratios and provisioning burdens for India's banks, and strain their profitability in the near term, cleaner balance sheets in the long run will be credit positive for the sector, Moody's said in a statement.
May 02, 2018, 13:47 PM IST