RBI paper explores quality of Indian banks’ assets
The "anaemic" external macroeconomic situation that has prevailed in the wake of the financial crisis, high levels of inflation and dwindling asset prices have all contributed to the asset quality problems of Indian banks, according to a working paper published by the Reserve Bank of India (RBI) last week.
In Re-emerging Stress in the Asset Quality of Indian Banks: Macro-Financial Linkages, Shashidhar Lokare notes that concerns regarding impairment in asset quality of Indian banks have come to
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