Friday, June 26, 2009

BANKING Moodys caution on Indian banks

Banking Moodys caution on Indian banks
Moodys Investors Service has warned that Indian banking system asset quality could come under strain, with higher levels of non-performing loans, as a reversal of the favourable credit cycle that has underpinned robust Indian loan growth over the past few years has gradually occured.

No comments:

Post a Comment