Business Tit-Bits

Business Tit-bits: The Unending NPA Saga


Despite the objections of reluctant bankers, the Finance Minister has announced a liberal loan mela, for the liquidity starved MSME sector. In addition to fresh loans being doled out under festive tents, the FM has also directed banks to not mark MSME loans as NPAs till 31.3.2020 and thus condone payment defaults and take no recovery action till then. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava analyses how this can lead to more NPAs. #NPA #LoanMela #NirmalaSitharaman

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