Home Business RBI unearths $7 billion bad loans at big five Indian banks

RBI unearths $7 billion bad loans at big five Indian banks

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Lucky Jain
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(G.N.S) DT. 29 Mumbai Bad loans at India’s five biggest state-run banks were about Rs 456.8 billion ($6.8 billion) more than the lenders had assessed. Bad loans at India’s five biggest state-run banks were about 456.8 billion rupees ($6.8 billion) more than the lenders had assessed. Audits by the regulator

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