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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Bad Money: Inside the NPA Mess and How It Threatens the Indian Banking System

Bad Money: Inside the NPA Mess and How It Threatens the Indian Banking System

Hardcover

AccountingEconomicsManagement

Currently unavailable to order

ISBN10: 9353577217
ISBN13: 9789353577216
Publisher: HarperBusiness
Published: Jun 10 2020
Pages: 360
Weight: 1.30
Height: 0.94 Width: 5.50 Depth: 8.50
Language: English

Over the last decade, Indian banks in general and the government-owned public sector ones in particular have gradually got themselves into a big mess. Their bad loans, or loans which haven't been repaid for ninety days or more, crossed Rs 10 lakh crore as of 31 March 2018.


To put it in perspective, this figure is approximately seven times the value of farm loan waivers given by all state governments in India put together. And this became the bad money of the Indian financial system.

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