Book excerpt: How RBI under Raghuram Rajan started the war against NPAs

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The RBI found that the banks were delaying recognising large accounts as NPAs, even if projects were not starting up, and the 'project commencement' milestone was largely cosmetic

The RBI found that the banks were delaying recognising large accounts as NPAs, even if projects were not starting up, and the 'project commencement' milestone was largely cosmetic https://ift.tt/2HMozQA October 30, 2020 at 06:36PM

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