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With system-wide NPAs worse than Pakistan & Botswana, the Indian banking sector is in a mess

By Ashwini Anand

The Indian banking sector is in deep trouble. No, I am not referring to the 25%-50% crashes the stock prices of lenders such as DHFL,IIFL or Edelweiss or the huge liquidity crunch that threatens the operations of several lenders, forcing RBI to raise the single-borrower lending cap for NBFCs by 50% (from 10% of assets to 15%). These are, but, temporary blips in …
Banking Industry News

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