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S&P: Indian banking system will be among last to recover from crisis

Updated : September 24, 2020 11:46 AM IST

The banking systems of India, Mexico, and South Africa will be slower to recover to 2019 levels likely beyond 2023.
S&P Global has forecast credit losses of about $2.1 trillion for 2020 and 2021 for the global banking sector, spurred by the pandemic.
S&P: Indian banking system will be among last to recover from crisis

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