How did the Indian Govt Respond to Rising NPAs in 2017?
CH Venkatachalam of All India Bank Employees Association talks to Newsclick about the government’s response to NPAs in 2017. He also talks about the FRDI Bill and the impact of demonetisation on the economy.
CH Venkatachalam of All India Bank Employees Association talks to Newsclick about the government’s response to NPAs in 2017. He tells how the insolvency ordinance is going to help corporates, and recapitalisation is an eyewash. He also talks about the FRDI Bill not being suitable for Indian banks, and the impact of demonetisation on the economy.
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