Home Business India ranks 3rd among major economies plagued by bad loans

India ranks 3rd among major economies plagued by bad loans

By
Dhrumit Thakkar
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527
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(G.N.S) Dt. 26 A non-performing asset (NPA) is a loan for which the principal and interest payments are long overdue. World Bank data on NPAs as a percentage of total bank loans in 150 countries puts India in 3rd place among major economies. The non-performing assets (NPA) accumulated by Indian

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