Raghuram Rajan sounds a note of caution, says NPAs may see unprecedented rise in 6 months

"The level of the NPAs is going to be unprecedented in six months from now if we really recognise the true level of NPAs...We are in trouble and sooner we recognise it, better it is because we really need to deal with the problem,” Rajan said during a session at the India Policy Forum 2020 organised by NCAER.

from Banking/Finance-Industry-Economic Times https://ift.tt/3exLAkN