Tuesday, August 27, 2013

Accounting gimmicks

This refers to the editorial "Non-performing managers" (August 26). The Reserve Bank of India (RBI) deputy governor's remarks on the reasons for the unabated growth in non-performing assets (NPAs) of public sector banks is true and this callousness gets accentuated when the slowdown of the economy also becomes handy to justify the non-performance. ..........

No comments: