Stressed assets

Stressed assets

PSBs will need capital to finance economic revival

Topics
Non-performing assets | Indian banking sector | Lockdown

The re-imposition of lockdown in various parts of the country to contain the spread of Covid-19 will affect the normalisation of economic activity and increase uncertainty. A gradual recovery will directly affect the ability of borrowers to repay debt.

As a result, non-performing assets (NPAs) in the banking system are bound to go up in the coming quarters. According to the financial results for the January-March quarter, the situation in the banking sector improved somewhat, but there was still considerable stress, especially in the public sector banks (PSBs). For instance, PSBs, as a group, …

Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber? LOGIN NOW

MONTHLY STAR

Business Standard Digital

Business Standard Digital Monthly Subscription


Complete access to the premium product

Convenient – Pay as you go


Pay using Master/Visa Credit Card & ICICI VISA Debit Card

Auto renewed (subject to your card issuer’s permission)

Cancel any time in the future

Requires personal information

What you get?

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all the content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

NOTE :

  • The product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal.
    We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the email with the cancellation request to assist@bsmail.in. Include your contact number for speedy action.
    Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART MONTHLY

Business Standard Digital

Business Standard Digital – 12 Months


Get 12 months of Business Standard digital access

Single Seamless Sign-up to Business Standard Digital

Convenient – Once a year payment


Pay using an instrument of your choice – Credit/Debit Cards, Net Banking, Payment Wallets accepted

Exclusive Invite to select Business Standard events

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that
    industry.
  • Stay on top of your investments. Track stock prices in your portfolio.

NOTE :

  • This product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.

First Published: Thu, July 16 2020. 22:12 IST

XL subscribe to our newsletter banner

Get the latest news and advice on COVID-19, direct from the experts in your inbox. Join hundreds of thousands who trust experts by subscribing to our newsletter.

Send your news and stories to us news@climaxradio.co.uk or newstories@climaxnewsroom.com and WhatsApp: +447747873668.

Before you go...

Democratic norms are being stress-tested all over the world, and the past few years have thrown up all kinds of questions we didn't know needed clarifying – how long is too long for a parliamentary prorogation? How far should politicians be allowed to intervene in court cases? To monitor these issues as closely as we have in the past we need your support, so please consider donating to The Climax News Room.