Monday, November 12, 2012

Trouble at the bank

.....The pressure on the SBI and other leading public sector banks, including the PNB and Canara Bank, is the result of the huge loans these banks have been nudged to make in the infrastructure sector in the past few years amid a sliding domestic and global economy. They have had little chance of selling these loans to long-term infra financiers who are still being set up. ......

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