Economy and Business

Rising NPA's threat to economy

Taming India’s bad loan crisis is like taming the Amazonian wild. Recapitalisation, re-schedulement of loan, one-time settlement, engaging financial analysts in bank and so many layers of audit do not seem to slow down the non-performing asset (NPA) growth.

Mar 28, 2017
By Sudhansu R Das
 
Taming India’s bad loan crisis is like taming the Amazonian wild. Recapitalisation, re-schedulement of loan, one-time settlement, engaging financial analysts in bank and so many layers of audit do not seem to slow down the non-performing asset (NPA) growth. It threatens to erode half of the total capital base of public sector banks today. The Reserve Bank of India’s Financial Stability Report said, “The public sector banks’ gross NPA ratio may increase to 12.5 per cent this month and then to 12.9 per cent in March 2018. Deposit erosion is the worst calamity the government wants to avoid.”
 
Read more at: http://www.dailypioneer.com/columnists/oped/rising-npas-threat-to-economy.html
 
The Pioneer, March 28,2017

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