Banks in India to see capital decline over 2 years without fresh infusion: Moody's
Updated : November 30, 2020 03:23 PM IST
Moody's said the uncertain trajectory of asset quality is one of the biggest threats for emerging market banks
The 2021 outlook for banks in emerging markets is negative, while the outlook for insurers is stable, it said.
In India, stress among non-bank financial institutions will also curtail their capacity to lend, Moody's noted.