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.

Read more at

https://www.moneycontrol.com/news/business/coronavirus-impact-72-of-outstanding-bank-credit-in-red-zones-care-ratings-5271381.html

Source : Money Control

Link : https://www.moneycontrol.com/news/business/coronavirus-impact-72-of-outstanding-bank-credit-in-red-zones-care-ratings-5271381.html

About Admin