MSME loans risky even as banks transmitted rate cuts the most
"Despite the restructuring, however, stress in the MSME portfolio of PSBs remains high" noted RBI's latest financial stability report (FSR). " Given the elevated level of debt of the stressed cohort, the implications of business disruptions following the resurgence of the pandemic could be significant."
Indian Bank expects profit to sustain at this level, MSME asset quality faltersIndian Bank chief executive Padmaja Chunduru exuded confidence on sustainability of net profit around this level, if no further crisis hits the economy.
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