Indian banks will continue to face asset quality troubles till March 2015, and the gross non- performing assets (NPAs) in the system will grow to 4.4% by then, global credit ratings agency S&P said today. "Sluggish economic growth, rising interest rates, and the volatile currency are hurting the country's highly leveraged corporate sector," it said in a note, adding that NPAs will grow to 4.4% by March 2015, from 3.4% in March 2013 due to corporate defaults........
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