Finance

Borrowers seeking loan moratoriums rose after June; will be judicious on loan recasts: Axis Bank

MUMBAI:Axis Bank on Tuesday said there was an uptick in the number of borrowers who opted for loan moratoriums after June and emphasised that the lender will be “judicious” in restructuring borrowings under the new rules. About Non-Performing Assets (NPAs), the bank’s Chief Executive Officer and Managing Director Amitabh Chaudhry said its stress tests are […]