Revisiting the NBFC Crisis*

Jan 13th 2020, C.P. Chandrasekhar

Even while the effort to resolve the crisis of NPAs was underway, India's financial sector was overwhelmed by failures of large non-bank financial companies. Apart from poor financial management and downright fraud, there were structural reasons why these institutions accumulated bad assets, which are often ignored.

* This article was originally published in the EPW Vol. 55, Issue No. 2, on January 11, 2020.


This Document is in Adobe Acrobat format and would
need a PDF reader to view it.


 
View/ Download the
document in PDF format

 


Click below
to get Adobe® Acrobat® Reader®, a free
software that lets you view and print Adobe Portable Document Format (PDF) files.


 

 

Site optimised for 800 x 600 and above for Internet Explorer 5 and above
© MACROSCAN 2020