Have PPPs taken banks for a ride?

Description

Special purpose vehicles seem to have diverted bank funds towards other uses. A comprehensive policy response is called for A significant rise in stressed assets, especially in public sector banks, is a matter of concern, with the Reserve bank of India (RBI), the Centre, and commercial banks trying to address the situation. However, higher SAs have been recorded in many sectors; major stressed areas are infrastructure, iron and steel, textiles, aviation and mining. How can this be fixed?. Read more at: https://www.thehindubusinessline.com/opinion/have-ppps-taken-banks-for-a-ride/article8561534.ece

Publication Date

31-5-2016

Publication Title

The Hindu Business Line

Publisher

THG Publishing Pvt. Ltd.

Keywords

Financial system, Banking, Public private partnership, PPP

Source Link URL

https://www.thehindubusinessline.com/opinion/have-ppps-taken-banks-for-a-ride/article8561534.ece

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