Skip to main content
S&P downgrades Axis Bank, four NBFCs, cites Covid-19 risks - Livemint 27-Jun-2020
S&P downgrades Axis Bank, four NBFCs, cites Covid-19 risks - Livemint
The four NBFCs are Shriram Transport Finance, Bajaj Finance, Manappuram Finance, and Power Finance Corp.While Axis' asset quality is superior to the Indian banking sector average, its level of NPAs will likely remain high compared to international peers, says…
More...