Home Economics times News Industry-Economic Times Banks' aggregate provisions for COVID-19 rise by 23% in June quarter

Banks' aggregate provisions for COVID-19 rise by 23% in June quarter

by Globez News Today August 23, 2020

Even as banks’ provisioning for bad loans tapered in the June quarter following the moratoriums, those on account of Covid-19 surged as compared to the previous quarter ending March.

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