Focus on Q results, not long-term growth has created India’s NPA conundrum

By Amit Kapoor

“India’s NPA problem has a flip side to it: the issue of rising corporate debts. The IMF, in its latest Global Financial Stability Report, warned that rising corporate debts were a risk to growth in emerging markets and pointed out that India’s debt is one of the highest among these economies.”…

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This article reprinted in MoneyLife publication of May 9, 2017