From bad to worse, S&P Global Ratings sends warning on Indian banks situation
In a report titled 'India's Banks Are Bracing For Weak Fiscal 2018 Results', S&P said it believes that at a system level the ratio of stressed assets is realistically around 13-15 per cent, compared with 12.3 per cent in the first half of fiscal 2018.
RBI's recently announced change to the recognition of restructured loans. Image source: Pixabay