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No end in sight to India's slow-motion bank crisis
News, Mihir Sharma, Published on 01/03/2017
ยป India's slow-moving banking crisis continues to drag on, as ponderous and unstoppable as the state-controlled banking sector itself. A recent study found that the gross "non-performing assets" of state banks rose by 55% in 2016, and 135% in the last two years. They now account for 11% of all state bank loans.
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