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Banking system uses this practice of divergence in reporting bad loans and their provisioning with the hope that those bad loan accounts would turn into standard assets over time. However with the help of this practice, the real financial positions of these institutions are withheld for some...
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The Indian banking sector has arisen together of the strongest drivers of India’s economic growth. The Indian banking … floundering with financial meltdown. India's lucrative development and financial sector liberalization have led to a change of the …'s public sector bank or private sector bank. Unfortunately, the Covid-19 has stopped economic activity across multifold sectors …
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