Banks' asset quality News

Improvement in the asset quality of Indian banks and growth in credit offtake is likely to take more time as the problems in mining and infrastructure sector are yet to be resolved, global rating agency S&P said on Wednesday.

As the Indian economy gathers momentum, it will reflect in banks' asset quality while the issue of over-leveraging by corporates is also expected to get corrected going ahead, top banker Chanda Kochhar said.