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NPAs and structural issues

To fix one you need to fix the others

Shyam Ponappa 

Shyam Ponappa An aspect of financial services often overlooked is that they serve as second-order infrastructure, essential for commerce, industry, and daily living. A disruption in the financial sector slows everything by cutting productivity. Other reasons for decline, such as structural issues in power supply, telecom/broadband, and in farming, are accepted as part of the landscape. That is why devising corrective measures is not so simple. Setting aside political considerations, misattribution does not help in problem-solving. Resolution needs root causes to be identified and ...

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First Published: Wed, October 04 2017. 22:43 IST
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