School of Economics | Has the Stage Really Been Set for Credit Growth and a Banking System Revival?

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19 Jul Has the Stage Really Been Set for Credit Growth and a Banking System Revival?

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C. P. Chandrasekhar Besides slowing growth and record unemployment, a major problem facing Indian policy makers is the fragility characterising the financial sector. With public sector banks still burdened with large non-performing assets (NPAs) and two major non-bank financial companies (NBFCs) bankrupt or near-insolvent, credit flow...