Sunday, July 1, 2012

What’s Your NPA?

Kamlesh Chandra Chakraborty is not one to mince words. On 28 June, the senior-most Deputy Governor of the Reserve Bank of India (RBI) gave bank chiefs an earful on bad loans. “You have misguided your investors for the past five years by not giving your proper NPA (non-performing assets) figures.”.....

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