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Online Personal Finance Magazine
No beating about the bush.
IDBI Bank’s loan restructuring is highest among peers
Tough times call for desperate measures. With some corporates and individuals finding repayment of loans difficult, many banks are forced to restructure their loan portfolio. IDBI Bank’s loan portfolio is apparently bleeding heavily. In Q1FY10 alone, 12 banks have restructured assets worth Rs32,530 crore, taking the total of...