Moneylife » Public sector banks - Loans turning bad
Public sector banks - Loans turning bad
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| 27/07/2012 02:55 PM |
The bad loans of public sector banks grew by a whopping 56% during 2011-12. This has little to do with slowdown and points to a deep systemic malaise. Assuming that the government wants to do something, what steps need to be taken? And what should investors do? An analysis by Gurpur
On the face of it, it appears as if public sector banks (PSBs) have managed to keep their head above water in the past year. However, a closer look reveals that their operations are dangerously vulnerable to the economic uncertainties in India today. After eliminating the last minute window-dressing ...
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