With huge funds lost in bad loans to big enterprises, Indian banks have been reluctant to lend to the small businesses and individuals. The growth in bank loans to this sector has recorded the slowest growth in six years. India’s economy is driven by the small and medium enterprises, who are now suffering due to the mountain of NPAs, which has made banks reluctant to lend to them. The small entrepreneurs are suffering because of bad loans given by banks, wherein small entrepreneurs are largely Hindu’s! Our expert Mr. Akhilesh Bhargava explains…
Why do loans in India go bad?
While there have been many instances of loans going bad, who are the ones who should be held guilty? Mr. Akhilesh Bharagava, Business Editor of HW Business and Finance shares his insights on the matter.
Is BJP trying to take control of ICICI
With Mr Girish Chaturvedi’s appointment as the new chairperson of ICICI, the question here pops up that after the leave of Chanda Kochhar, why was is it that an IAS officer was hired and not a retired deputy governor, who could have been apt for the designation? Mr. Akhiesh Bhargava, Business Editor of HW News Network and Mr Sujit Nair, Managing Editor share their insights on the matter in this exclusive video.