3 min read.Updated: 10 Sep 2018, 06:51 AM ISTLivemint
The complexity of the problem is again reflected in deliberations of the standing committee on finance and submissions made by various stakeholders
The Indian banking sector continues to struggle with higher non-performing assets (NPAs), particularly when it comes to public sector banks (PSBs). Much ink has been spilled on how to address this and roll back the adverse effects on productive sectors of the economy. This core problem is being addressed at various levels. There are a number of issues surrounding it that also need to be considered, however. The standing committee on finance, headed by M. Veerappa Moily, has done just that with its latest report.