Industrialists are unable to repay loans, causing NPAs

Many top industrialists in India lead lavish lifestyles, yet they do not bother to repay the loans they have taken for their business, resulting in bad loans for the banks, and non performing assets, which causes losses. Ultimately the indian tax payer has to fund these loans, causing problems in a country where a small section of the population will pay taxes. More information at Debt and loan guide

| March 9th, 2016 | Posted in Uncategorized |

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