Coronavirus impact | 72% of outstanding bank credit in red zones: CARE Ratings
Coronavirus impact | 72% of outstanding bank credit in red zones: CARE Ratings
Red zones in India have the highest proportion of outstanding bank credit and deposits, CARE Ratings said in a recent report.
As of the end of December 2019, red zones account for 72 percent of outstanding bank credit, with orange and green zones accounting for the remaining credit.
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Source : Money Control