5 min read.Updated: 29 Aug 2014, 12:57 AM ISTSiby Antony
Without expeditious steps for debt aggregation and provision of fresh funds to industry, the revival process can be time consuming
Non-performing loans, or NPLs, are commonly generated in a fast-growing economy and are rather unavoidable in a credit delivery system which has unstable or uncertain policies and practices. The situation is termed normal as long as NPL generation is contained within 1-2% of the aggregate credit, but aggregate stressed loans with NPLs at over 4.4% and restructured loans at over 6% can raise concerns.
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