â€œUnderlying mechanism to resolve (NPA) issue is not that great,â€ says Gautam Trivedi, MD & CEO of Religare Capital Markets.
The stressed asset problem in banks are far from over, says Gautam Trivedi, MD and CEO of Religare Capital Markets, adding that more pain is left that needs to be recognized.
The problematic loan figures are in range of USD 180-200 billion, says Trivedi speaking from sidelines of the Religare Conference on ‘Navigating India’s NPA Crisis.’
“Underlying mechanism to resolve issue is not that great,” says Trivedi, adding that the NPA problem needs to be resolved soon.
Shameek Chowdhary of AZB & Partners says the main thing to focus is on implementation of guidelines by all stakeholders. The problem is different views that each party has and streamlining them in one.
Trivedi’s picks in banking are HDFC Bank, Kotak and IndusInd Bank.
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