Indian Banking System
topic on 1 show · 2 statements across 2 episodes
2 statements about Indian Banking System, every show
Unrestrained Bank Lending From 2006 to 2012 Drove India's NPA Crisis
“So there was a period from 2006 up to about 12, so five, six years, when in response to a slowing growth, the authorities of that time basically opened up the banks and basically said, you go and blindly lend everywhere. And so some part of that capacity creat…”