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NPAs may hit Rs 10 lakh crore: Uday Kotak

Uday Kotak sees the stock of stressed loans rising from Rs 7 lakh crore to Rs 10 lakh crore. Kotak says capitalising state owned banks is going to be the government's biggest challenge.

February 13, 2014 / 10:13 IST
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Big bankers say bad loan problem will get bigger. Uday Kotak sees the stock of stressed loans rising from Rs 7 lakh crore to Rs 10 lakh crore. Kotak says capitalising state owned banks is going to be the government's biggest challenge.On interest rates, Kotak says no growth is possible unless inflation expectation is brought down.

first published: Feb 12, 2014 10:20 pm

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