No quick fixes for Indian banks
Adherence to the prompt corrective action framework will tone up the system
Increasing levels of gross non-performing assets (GNPAs) have been plaguing the Indian banking sector over the last few years and the situation has only worsened with the passage of time.This has serious implications not only for banks but also for the health of the nation’s financial system as a whole. GNPAs have adversely impacted the profitability, capitalisation and the solvency levels of ban...
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