RBI Not Very Vigilant, Banking Sector Staring at a Big Crisis, Warns Nobel Laureate Abhijit Banerjee

In the last three years, the Indian banking system has lost Rs 1.76 lakh crore on account of non-performing loans of 416 defaulters — each owing Rs 100 crore or more — being written off.

from Top Business News- News18.com https://ift.tt/2pllY79

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