Friday, November 9, 2012

Rising NPAs: Banks turn risk averse


Concerned with rising non-performing assets (NPAs), banks have turned risk averse, the Reserve Bank of India (RBI) observed in its report “Trend and Progress of Banking in India in 2011-12”. The RBI report added the increasing risk aversion has resulted in banks looking for safer investment instruments, such as government securities, to park their funds......

No comments: