HomeNewsBusinessMarketsWill the 2G verdict shake up banks? Unlikely, say experts

Will the 2G verdict shake up banks? Unlikely, say experts

The Supreme Court verdict on multi-crore 2G scam has raised apprehension on the asset quality of banks, already battling to check the rise of non-performing assets. The apex Court on Thursday cancelled licenses of 122 telecom companies, which were allotted by the former telecom minister A Raja.

Saikat Das
Moneycontrol.com

The Supreme Court verdict on multi-crore 2G scam has raised apprehension on the asset quality of banks, already battling to check the rise of non-performing assets. The apex Court on Thursday cancelled licenses of 122 telecom companies, which were allotted by the former telecom minister A Raja. So, does the scenario pose threat to lenders?

first published: Feb 2, 2012 07:35 pm

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Will the 2G verdict shake up banks? Unlikely, say experts

The Supreme Court verdict on multi-crore 2G scam has raised apprehension on the asset quality of banks, already battling to check the rise of non-performing assets. The apex Court on Thursday cancelled licenses of 122 telecom companies, which were allotted by the former telecom minister A Raja.

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