Posted inIndia, South Asia

Modi government’s insolvency bill hurts the public exchequer

The Narendra Modi government, already in crisis mode for the past four years, faces yet more trouble due to massive unpaid debts in the Indian banking system. According to the latest information provided in the Lok Sabha, the lower house of Parliament, public-sector banks collectively are dealing with non-performing assets (NPAs) valued at 9 trillion […]

%d bloggers like this: