Start learning 50% faster. Sign in now
It may be tempting to believe that last year’s bankruptcy law reforms will soon begin to ease the pain at banks by encouraging the quick sale of assets of troubled borrowers. The proceeds from such sales, however, would likely amount to very little in comparison with the mammoth scale of troubled assets. According to a joint study by Assocham and Crisil, gross NPAs in the banking system are estimated to increase to ₹9.5 lakh crore by March 2018, from ₹8 lakh crore a year earlier. In that case, write-offs recognising losses may be the most honest and practical way to deal with the bad loans problem. So the RBI in the coming months should continue to push banks, both public and private, to promptly recognise the stressed loans on their portfolios. Incidentally, the Prime Minister last week laid the blame for bad loans on the previous government. While it is quite true that the present bad loans crisis has been a long time in the making, the problem of lax corporate governance, which has plagued public sector banks and contributed in no small measure to the present crisis, still remains largely unaddressed by the government.
The Government of India has announced to give Padma Shri award for the year 2023 to how many personalities of Rajasthan?
Rinderpest disease in Cattles is caused:
What is Laissez-faire?
Which one of the statement is incorrect regarding Velunachiar?
I. She was born as a Princess of Ramanathapuram
II. Her husband was Mu...
Which of the following statements is not correct about the trend when going from left to right across the periods of the periodic table
The first Delhi sultanate ruler who was the first to establish ministry of agriculture was ____?
Who contributed the most in helping Prince Ajeetsingh in getting back Kingdom of Jodhpur ?
Below are given some parts of a sentence in jumbled order. Arrange the parts in the correct order to form a meaningful sentence.
1) to white, b...