Indian banks are sitting on what are known as non performing assets or bad loans. NPAs for all commercial banks now stand at rs 310,762 crore up from rs 142,903 crore in 2010-11. The government is also forming a Rs 40,000 crore national investment & infrastructure fund (NIIF) to absorb some of these bad loans.
But the larger question is, if the companies who took these loans are not reformed or restructured or even shut down, are we only carrying the problem further ?
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