NPA situation may worsen in next 6-8 months

According to the sources in the finance ministry the NPA situation is set to get worse. Over Rs 3 lakh crore of loans due to projects stranded for approvals can get NPA status in the next 6-8 months.

October 25, 2012 / 22:34 IST

According to the sources in the finance ministry the NPA situation is set to get worse. Over Rs 3 lakh crore of loans due to projects stranded for approvals can get NPA status in the next 6-8 months.

If permissions for land or environment or fuel linkages don't come in quickly then the officials say they are pinning their hopes on the National Investment Board which they hope will ensure faster clearances.

first published: Oct 25, 2012 09:39 pm

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