Parliament Panel Says Lag Impact Of Pandemic May Fuel Bad Loans

INSUBCONTINENT EXCLUSIVE:
A Parliamentary panel has cautioned that a lag impact of pandemic may fuel bad loansNew Delhi: Asking the government to refrain from showing
today, noted that though the banking system appears to have weathered the pandemic shock well with respect to NPAs, "(the committee) would
further said that absorbing excess liquidity that was injected as part of the pandemic response to stimulate the economy is necessary, as
Financial Stability Report projections of the gross NPA ratio of commercial banks increasing from 7.48 per cent in March 2021 to 9.8 per
cent by March 2022, the NPA figures at the gross level for public sector banks have decreased from 9.11 per cent as on March 31, 2021, to
7.9 per cent at end-December, 2021.