Opinion


Bank NPA Consultants
by

Banks keep lending huge amounts while inevitably hiding the Distress signals

India’s bankruptcy courts have sought to resolve the Rs 8 lakh crore worth of non-performing assets (NPA) problem that is choking the banking system. But it is evident that banks have played a crucial role in the crisis by lending ailing companies with fresh loans, even as they struggled to repay their previous loans. This practice of ever-greening is called extend and pretend in India....

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