The COVID-19 pandemic created significant uncertainty, severely impacting the global economy and pushing many sectors toward an economic slowdown. Governments and central banks were expected to act decisively, maintaining the flow of funding to support economic activities. To mitigate these shocks, various measures were taken, such as loan moratoriums, easing buffer capital requirements, reducing the cash reserve ratio (CRR), and ensuring credit flow to individuals and businesses. The UK introduced schemes like the Coronavirus Business Interruption Loan Scheme (CBILS), Bounce Back Loan Scheme (BBLS), Coronavirus Large Business Interruption Loan Scheme (CLBILS), and the Future Fund, supporting capital needs for small, medium, and large enterprises, besides implementing loan loss provisioning. India launched a series of economic and regulatory measures focusing on liquidity, credit risk mitigation, and maintaining financial reporting standards. Key actions included “Operation Twist” for yield management and open market operations (OMOs) for liquidity injection. The Irish government similarly took measures to protect businesses and consumer interests. The Central Bank of Ireland (CBI) effectively addressd the pandemics’ immediate and long-term economic impacts. The European Central Bank (ECB) supported financing through an asset purchase scheme (APS) with flexible collateral standards and the Corporate Sector Purchase Programme (CSPP) for euro-area firms. This chapter examines the measures taken by the UK, India, and Ireland to mitigate COVID-19’s impact on non-performing loans (NPLs), along with a brief overview of global efforts.