NPAs to soar by up to 600 bps in 2 yrs: Fitch

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THE ECONOMIC TIMESDaily Newsletter Thu, May 28, 2020 | 05:31 PM IST

#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 yrs: Fitch The impact of forced lending on banks' impaired-loan ratios can be anywhere between 200 and 600 basis points (bps), d... US internet giant Google eyes stake in Vodafone Idea: Report FM chairs FSDC meeting, takes stock of economy amid COVID-19 Abu Dhabi state fund in talks to invest $1 billion in Jio Platforms Government seeks USD 520 million from Cairn Oil & Gas Five pointers that make Friday's GDP data hard to miss Companies get books in order before raising funds abroad SpiceJet converts three Q400 passenger aircraft into freighters

Debate This Do you think India messed up the lockdown? Sixty days have made one thing clear, India is not under lockdown. Over the last two months, India's seen only patchwork closure and a crippled economy. Whatever time India bought from the lockdown - crucial time it could've used to improve infrastructure - seems to have gone to waste. Do you agree?

SENSEX 32200.59 595.37 NIFTY 50 9490.10 175.15 USD/INR 75.75 0.03

Top Gainers NSE 12 companies (largecap) appreciated more than 5% Zee Ent. 9.88% Aditya Birla Fashion 9.49% More from Gainers Top Losers NSE 12 companies (largecap) price decreased more than -1% PNB -2.73% Adani Power -2.70% More from Losers

More From our Partners Recorded Session: ETMarkets Investor Conference - Wealth Creation Opportunity Post Covid-19 Crisis

HarperCollins to publish Modi's letters to mother goddess "In Modi's writings there was the enthusiasm of a youngster and the passion to usher in change. But every few months,... Air India employee unions seek Rs 50,000 crore financial package Export performance to improve in May, June: Piyush Goyal SC directs states not to charge fare from stranded migrant workers Online AGMs: A one-time affair, or a new beginning? GST relaxation, scrappage policy needed to lift Auto Inc: Bosch boss Indian economy to contract 5% in FY21, says S&P Babri trial: Questioning of all 32 accused to commence from June 4 Nissan plans to close Barcelona factories, 3,000 jobs lost Monsoon rains forecast to arrive on India's southern coast around June 1 China parliament approves Hong Kong security bill as tensions with US rise

Top Slideshow Migrant workers don't want to return Top Video Don't try to destabilise Maha govt: Priyanka

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