Monday, June 16, 2014

Good times ahead for banking?

....If one takes a close look at the data on bad assets, one is not convinced as yet that the good days are here but it seems that the worst is behind us. Collectively, the gross bad assets of 40 listed Indian banks have grown about 51% in 2013-14 that ended in March—from Rs.1.6 trillion to Rs.2.42 trillion—but in the last quarter, their bad assets actually dropped by 0.61%. Similarly, the net bad assets of these banks, after setting.......

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