How Banks Are Ever-greening Bad Loans
CDRs and other schemes have failed to fix the huge bad loan problem which are enriching borrowers, bleeding the exchequer while destroying shareholders wealth
Non-performing assets (NPAs) and restructured (stressed) assets in the Indian banking system stood at a worrisome 11.06% of gross advances, as on 31 March 2015, and were increasing rapidly. The situation was alarming for public sector...
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