Day: 5 February 2018

  • Prompt Corrective Action: An Analysis

    By Vignesh Ganesh, G.J. Advani Law College, Mumbai. India has been under the grip of a banking crisis since a while now. With State-controlled institutions dotting the financial landscape, a large number of these institutions have a bad loan ratio that is almost twice as bad as their private counterparts. Non-performing assets (NPAs) continue to rise…