....."Asset quality problems for the banking industry are not as acute as perceived," Kochhar, head of India's second-largest bank, said. "Temporary cash-flow problems in projects with gestation period of as much as 15 years don't make it a bad loan." Kochhar's view differs from the Reserve Bank of India, which in a June 28 report said the condition of lenders is likely to worsen this year on an increase in soured credit. ......
No comments:
Post a Comment