dmpq-. Explain the reasons for India’s high NPA’s. Also discuss how does it impacts India’s Economy.
Possible reasons for NPAs Diversification of funds to unrelated business/fraud. Lapses due to diligence. Busines losses due to changes in business/regulatory environment. Lack of morale, particularly after government schemes which had written off loans. Global, regional or national financial crisis which results in erosion of margins and profits of companies, therefore, stressing their balance sheet … Read more