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Banks in India: From Crisis to Recovery
The Indian banking sector has undergone a tumultuous period in recent years, with the sector grappling with mounting non-performing assets (NPAs) and a severe shortage of capital. The situation was so dire that in 2014, the Reserve Bank of India (RBI) was forced to put 11 public sector banks under close monitoring due to their precarious financial position. This was a clear indication that the...
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