Tag: global financial crisis

Source: Livemint Relevance: A lesson from the 2008 global financial crisis that can help India tackle post-pandemic situation better Synopsis: Aggressive lending to MSME sector can result in a NPA problem in the future. Contents1 Background2 Present situation – impending problems3 Impact of lending to MSMEs4 Shortcomings of credit schemes Background Response to 2008 financial… Continue reading Behest lending can give rise to a NPA problem