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Prasenjit Bose,Zico Dasgupta,Rohit Azad
Monday 07 August, 2017
The Indian growth story of the 2000s’ cannot be over-simplistically explained as a result of “market-oriented” reforms. Public sector bank credit-financed investments, particularly in the infrastructure sector, played a significant role in sustaining growth, most crucially after the global economic crisis. Such a growth trajectory, however, proved to be unsustainable with the expansionary phase coming to an end in 2011–12 and bad loans piling up in the banking system.
C.P. Chandrasekhar
Wednesday 08 March, 2017
A trail of defaults is ensuring that the NPA ratio is not stabilising, as the RBI expected it would, once assets misclassified as restructured and standard are recognised as non-performing.
Thomas Franco
Tuesday 28 February, 2017
The economic survey presented by Dr. Aravind Subramaniam, Chief Economic Advisor talked about creation of a Public Sector Asset Rehabilitation Agency (PARA). The new Deputy Governor of RBI who is a known votary of Privatisation, who has taken leave from New York University for 3 years.....
C.P. Chandrasekhar,Jayati Ghosh
Tuesday 07 June, 2016
As interested observers focus on the bad loans, accumulating in the books of India’s commercial banks, the implications it has for lending behaviour and growth are less explored.
 

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