Tag Archives: bankers

Govt plans lending reforms as bankers fear new bad debt crisis

India’s near $147 billion pile of soured loans is replete with examples of powerful and politically connected businesses who are accused of undermining rules to secure credit and then defaulting on loans. Photo: Mint New Delhi: Weeks after India unveiled a $32 billion bailout of state-run banks, top finance ministry officials and bankers will meet this weekend to discuss lending reforms ... Read More »