6% of total lending, has left most banks, especially in the

Deal with bad loans to get Indian economy up and running

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cheap air jordan That said, the current actions are tailored to address the stock of bad debt, but not the causes behind the generation of bad loans. A three part series in Hindustan Times, beginning Tuesday, offers a broader explanation on how India banking system ended up with such a big pile of bad loans. Why did the companies borrow so heavily? Why did the banks keep lending to defaulters? Where and how borrowers over leveraged and lenders made wrong calls? Answers to these questions put the spotlight on issues of governance and credit discipline at banks that must be addressed to find a more sustainable solution to the current crisis. cheap air jordan

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