The banking sector was expected to suffer significantly because of the pandemic-related economic disruption. India opted for one of the most stringent lockdowns in 2020 to contain the spread of Covid-19. Even as the nationwide lockdown was gradually lifted, local restrictions remained in various parts of the country for quite some time, which affected businesses. However, data shows that the impact on banks has been limited so far. Our lead editorial highlights the kind of challenges that the banking sector would face in the coming quarters. Read here
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