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Beware of a bad loan surge after lockdown is over

India covid-19 economy Government prevention
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The government and the Reserve Bank of India (RBI) have announced measures to support segments of the economy reeling from the impact of the lockdown to fight Covid-19.

Mint examines if they are sufficient to prevent a flare-up in non-performing assets (NPAs) 1. Is the credit pressure rising on companies?

Yes. The lockdown has disrupted businesses and hit sales, incomes and revenues, increasing cash flow pressure. In mid-March, rating agency Crisil said credit pressure on India Inc.

was intensifying. It has reviewed 120 most affected companies and downgraded or put under “negative watch" around 80 of them.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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