An RTI enquiry has revealed that the bad loans of banks are spiking like never before. The answer from RBI reveals that compared to FY 2004 to FY 2014, the last 9 years were the worst. Bad loans have multiplied at least 8 times. On the political front, this is a comparison between the UPA and NDA governments. But the issue is more serious and demands deeper introspection.
We explore in the Money Trail.