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Asset quality of banks may remain weak in FY14
March 26, 2013March 26, 2013by In Infrastructure Finance

Asset quality of banks may remain weak in FY14

According to rating agency Standard & Poor's (S&P), asset quality of Indian banks may remain weak in 2013-14 and improve only in 2014-15. In a recent report, the agency said the quality of earnings would be stressed and bad loans may rise to 4.4 percent before falling. Therefore, S&P sees 2013-14 to be a challenging year for the banking sector. RoAs are expected to improve by 1 pe