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UPDATE 1-India central bank proposes steps to rein in bad loans – Reuters

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Economic Times

UPDATE 1-India central bank proposes steps to rein in bad loans
Reuters
A large chunk of the bad loans are so-called "wilful" defaults, which is symptomatic of what critics say is a loose loan culture. They keep struggling companies in business but crowd out other borrowers and leave taxpayers on the hook to re-capitalise ...
Indian Central Bank Issues Discussion Paper on Bad LoansNASDAQ
RBI to allow buyout of sick companies with loansEconomic Times
India central bank proposes steps to rein in bad loansGlobalPost
Financial Express
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