Monday, December 16, 2013

Chidambaram blames banks for going 'soft' on loan recovery

..... "Why do you leave blame at the door of the government? The responsibility and therefore the blame should stop with the board of directors. If the NPAs and restructured loans are combined, the distressed loan ratio is close to 10 per cent, or around Rs 5,50,000 crore, as per the figures from the Reserve Bank of India...........

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