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bad debt

Dec 05, 2019, 10.20 PM IST

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BAD DEBT

India's bad debt pile eased by write-offs, underlying problem far from resolved

Soaring bad debt levels, especially on the books of state-run lenders, have choked the Indian banking system and crippled its ability to generate fresh lending and revive economic growth that has slumped to a six-year low. The frail growth has put the brakes on sectors like autos and real estate, causing fresh heartburn for banks.

Indian government's loan bonanza seen a temporary salve and a long-term pain

Reviving a practice not used in three decades, India's governmen...

India's war on world’s worst bad-debt pile stalled by regulators

Time-bound resolutions under bankruptcy law are the key to cleaning up $190 ...

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