Bankers fear rise in bad debt, pressure on margins

A delegation of bankers headed by Indian Banks' Association chairman T S Narayanasami met the RBI brass comprising deputy governors Rakesh Mohan, P Leeladhar and Shyamala Gopinath. The interaction is part of the consultations prior to the first quarter review of RBI's annual policy for 2008-09 scheduled on July 29, 2008.

During the course of the discussion, bankers flagged four issues