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Banking sector: India Ratings revises FY22 outlook to stable; upgrades credit growth estimates

Updated : February 22, 2021 05:22 PM IST

India Ratings has revised its outlook on the overall banking sector from negative to stable for FY22.

According to the agency, substantial systemic measures have reduced COVID-linked stress below expected levels.

It has also steeply upgraded its credit growth estimates for the current fiscal.

CNBC-TV18’s Ritu Singh gets more details.

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