Bad loans: Is the worst over for Indian banks?
Demonetisation will be an impetus for banks whose clean-up exercisesetting aside provisions for bad loanshave started showing effects
With everyone talking about the inconvenience caused to the masses and wealth destruction as a consequence of the demonetization of high-value banknotes and a few on the windfall for banks, it may not be a bad idea to revisit the bad loan situation in Indian banking.
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