Wake-up call to government: Moody’s pegs PSBs’ capital need at Rs 2 lakh crore for next two years

Moody’s has warned that a sharp slowdown in India#39;s economic growth exacerbated the coronavirus outbreak will hurt PSBs asset quality, and result in sharp increases in credit costs, which will hurt profitability.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/wake-up-call-to-government-moody’s-pegs-psbs’-capital-need-at-rs-2-lakh-crore-for-next-two-years_14200921.html