Bank mergers in the time of NPAs
Non-Performing Assets (NPAs), a euphemism for toxic or bad loans, has been looming over Public Sector Banks (PSBs) for over a year. C. P. Krishnan, the General Secretary of Bank Employees Federation of India (BEFI), says “the total NPA of the PSBs is around 6 lakh crores, on the top of it, the inter...
