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Banks' bad loan rising on pending projects: PHDCCI
short by Durga Ranjan / on Monday, 6 January, 2014
The burden of rising bad loans on banks can be reduced by speedy clearances and execution of pending projects, a top official of industry body PHD Chamber of Commerce & Industry said. RBI in its eighth Financial Stability Report had expressed concerns on rising bad loans, and cautioned if the situation is not improved, it may affect the banking system.
read more at NDTV