Asset quality issue: Indian banks' profitability and capital requirement to remain under pressure, says Moody's
Alka Anbarasu, a Moody's Vice President said, "Asset quality will remain a negative driver of the credit profiles of most rated Indian banks and the stock of impaired loans. Non-performing loans (NPLs) and standard restructured loans will still rise during the horizon of our outlook."
Rating agencies like Moodys and ICRA feels the legacy issue of Indian banks called asset quality will continue to hamper their profitability and capital requirements. Photo: Pixabay