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Best of BS Opinion: Bank balance sheet recovery, Budget 2022, and more

Here are the top BS Opinion articles of the day

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The financial results declared by banks for the December 2021 quarter suggest that the banking sector balance sheet continues to improve

Rajesh Kumar
Here is the best of Business Standard's opinion pieces for Thursday.
 
The financial results declared by banks for the December 2021 quarter suggest that the banking sector balance sheet continues to improve. In this context, our lead editorial notes, as asset quality gets better, bank managements must focus on improving lending standards. This is critical, particularly in PSBs, to avoid recurrence of asset quality problems as and when investment revives. Further, the government must strengthen the system for the Insolvency and Bankruptcy Code with the objective of resolving stressed assets in the given time frame. Read here