Thursday, May 22, 2014

Recovering NPAs

.............This refers to the Charan Singh's article "Why are NPAs higher in public sector banks?"(May 20). Comparing non-performing assets (NPAs) and the recovery practices of private and public banks is like comparing apples and oranges since the internal ecosystems both work in are poles apart. The very fact that private banks have urban, higher ticket-size assets and mostly do not tread in the muddy backwaters of the Indian economy - infrastructure and direct agriculture - helps ........

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