Has NDA-II been able to fix India’s banking woes?4 min read . Updated: 25 Feb 2019, 12:02 AM IST
NDA has had success in increasing banking coverage but its record in repairing bank balance sheets has been a mixed one
When the National Democratic Alliance (NDA) government assumed office in 2014, it inherited an extremely fragile banking sector. Banks were burdened with bad loans, while millions of Indians lacked access to basic financial services. Today, most households in the country have access to banking but the overall health of the banking system is still fragile.
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