Describe the effect on earnings and cash flows

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Question: As a result of the coronavirus crisis, large banks such as ICICI, LLOyds, etc. worldwide are bracing for substantial bad debt build ups over the coming months and also in 2021. Discuss how this problem is likely to be reflected in the upcoming quarterly reports of the worst affected banks, emphasising the effect on earnings, cash flows, assets and liabilities.

Reference no: EM132767522

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