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Indian banks still not out of the woods, says ICICI Direct

Updated : July 02, 2020 05:21 PM IST

The NBFCs have 50-70 percent book under moratorium and are trying to manage liquidity as the majority did not receive moratorium from banks.
ICICI Direct said that preservation of capital is the top priority followed by recovery while growth has taken a backseat.
Indian banks still not out of the woods, says ICICI Direct

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