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News
loan monitoring in banks
Loan monitoring in banks News
Parliamentary Panel on banks bad loans
01 May 2016
RBI chief blames ‘overall economic downturn’ for bad loan issue as PAC asks to explain ‘real causes’
Asked to explain the “real causes” of ballooning bad loans at public sector banks, RBI Governor Raghuram Rajan has put the blame on “overall economic downturn”, among other reasons, in his submission to the key Parliamentary Panel.
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