Home Business Gitanjali Gems To Contribute Rs 8K Crore To India’s Bad Loan Menace

Gitanjali Gems To Contribute Rs 8K Crore To India’s Bad Loan Menace

By
Arpita Goswami
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(G.N.S) DT.15 Non-performing assets or bad loans in the banking sector are set to shoot up by at least Rs 8,000 crore as advances to the scam-hit Gitanjali Gems group have turned bad during the quarter ended March 31. Banks will have to make provisioning of Rs 8,000 crore for

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