Sat, Jul 22, 2017
Banks are saddled with non-performing assets (NPAs) of over Rs 7 lakh crore. According to the government, NPAs have reached unacceptably high levels and need urgent measures for their resolution.
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Tue, Jan 31, 2017
The Economic Survey 2016-17 pointed out at a problem of twin balance sheet, or, over-leveraged India Inc and bad-loans laden public sector banks (PSBs). More than four fifths of NPAs (bad loans) were in PSBs and reached double-digits of 12% as on September 31, 2016.
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