............ncreased policy support may help shore up profitability now at a 12-year low, according to CARE Ratings, at a time when the Reserve Bank of India (RBI) governor Raghuram Rajan’s efforts to rein in bad loans are starting to show results. Non-performing debt as a proportion of total advances fell to 4% as of 31 March from 4.2% in September, which was the highest since 2005-2006, RBI reported in June........
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