Thursday, August 23, 2012

PSBs must rejig loan portfolios

....A recent speech by an RBI Deputy Governor K.C. Chakraborty highlights the dubious asset quality of public sector banks (PSBs) on account of the dramatic rise in loans restructured in 2011-12. The restructured advances of PSBs rose by 48 per cent, taking the share of restructured advances as proportion of gross advances to 5.73 per cent in 2011-12......

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