Indian banks
Indian banks’ profits to stabilize; weak assets to persist for some
Indian banks’ profits to stabilize; weak assets to persist for some
Weak assets are expected to make up 5.2% of gross loans for FY2023.
Indian banks strong buffers to limit risk of COVID-19 resurgence: analyst
Several factors will help Indian banks mitigate their risks.
India’s COVID surge to impede borrowers’ debt repayment capacity: Moody’s
The economy will return to growth by end of the fiscal year, but asset quality will remain in doldrums.
Thought Leadership Centre
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1. HSBC GPB appoints Ann Ling as APAC head of wealth planning and advisory 2. Japan’s SMBC invests in biotechnology fund 3. Hong Kong, China launch Payment Connect for faster cross-border payments 4. Metrobank names Renato De Borja, Jr. as head of financial & control sector 5. PBCOM appoints new treasury trading team headResource Center
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He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.
