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. ______________. 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.
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.
What is the code for the word “its” ?
In a certain code language ‘RISKY’ is written as ‘JSSZL’ and ‘TRIAL’ is written as ‘SUIMB’. How is ‘SPINE’ written in that code? ...
If ‘the last’ is coded as ‘23~V 16%H’, ‘dead smuggling’ is coded as ‘8%Z 28 ^F’, then ‘drop of surge’ may represent which of the...
What is the code for “faith”?
If ‘as’ is written as ‘sa’, ‘I’ is written as ‘ma’ and ‘done’ is written as ‘na’, how will be ‘Do not say’ written as in th...
If STRESS written as TUS2TT, then, how will TRAVEL be written?
In a code language, ‘apple mango banana’ is coded as ‘247’. ‘Banana grapes sweet’ is coded as ‘879’ and ‘sweet kiwi mango’ is coded ...
CARVOT
If the code for BRUSHING is SHRUBlNG then what will be the code for SLEEPING?
Choose the correct alternative from the given ones that WORLD, XPSME, ? , ZRUOG.