Tag Archives: asset

Lenders build provision buffers to counter future asset slippages

MUMBAI : Private sector lenders are using the covid-19 pandemic to build a war chest of provisions that would come handy in cushioning against future asset slippages. Axis Bank has pegged its covid-19 provisions at ₹3,000 crore, while ICICI Bank said it has set aside ₹2,725 crore in the March quarter and HDFC Bank has made additional provisions of ₹1,550 ... Read More »