Speaking in the same discussion, Rajat Bahl, Director, Ratings, CRISIL says the RBI's move to force banks to recognise bad assets may look like a knee-jerk reaction. But the regulator may not have been left with a choice after other measures like strategic debt restructuring and 5:25 schemes did not yield the desired results.
first published: Feb 19, 2016 12:28 pm
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