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Relief measures underscore Indian banks' challenges despite improved FY21
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra), July 7 (ANI): Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to stress evident from extension of Covid-19 related relief measures to borrowers, Fitch Ratings said in a report released on Wednesday.
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Indian banks' modest recovery faces challenges from Covid-19 stress: Fitch
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra), March 8 (ANI): The impact of Covid-19 pandemic is likely to pose challenges to improving financial performance of Indian banks once asset-quality risks manifest in the financial year ending March 2022 (FY22), Fitch Ratings said on Monday.
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Conditions remain challenging for India's banks: Fitch
Updated : 6 years, 2 months ago IST
Singapore, Mar 9 (ANI): Fitch Ratings said on Monday that operating environment remains difficult for India's banks in line with its negative outlook for the sector despite some indications of an improvement in the macroeconomic outlook.
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