The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and drive up credit costs, Moody's Investors Service said in a new report on Friday.

Indian public sector banks face fresh capital shortages, will need Rs 2.1 lakh crore: Moody's

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Indian public sector banks face fresh capital shortages, will need Rs 2.1 lakh crore: Moody's