Saturday, September 22, 2012

Banks capable of tiding over NPAs mount, says RBI deputy governor Anand Sinha

MUMBAI: Reserve Bank Deputy Governor Anand Sinha today said banks' asset quality has deteriorated in recent times due to the gloomy economic conditions but noted that there is enough capital with the lenders to take care of the situation. "Yes, there is pressure on asset quality and at the same time we have enough capital to sustain that," he told reporters on the sidelines of an Economic Times event here.......

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