Wednesday, September 12, 2018

Raghuram Rajan blames over-optimistic bankers, slowdown in govt decision-making for rising bad loans

A larger number of bad loans originated in the period 2006-2008 when economic growth was strong, and previous infrastructure projects such as power plants had been completed on time and within budget, he says.

from The Hindu - Economy https://ift.tt/2N1MA7Y
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