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Bad Debt and Public Ownership*
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Jan 27th 2023, C.P. Chandrasekhar
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The
semi-annual Financial Stability Report from India's
central bank signals that India's banking system, especially
the public banking system, has put behind it the stress
from disturbingly high non-performing or bad loans on
its books.
*
This article was originally published in Frontline
on January 26, 2023.
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