budget
RBI inaction early on to blame for current NPA mess: Ex-SBI boss
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