International Monetary Fund (IMF) Managing Director Christine Lagarde on Sunday said that India's banking sector is well capitalised and appreciated efforts to resolve the problem of bad loans.
"The Reserve Bank of India Governor addressing banks balance sheets is absolutely right," she said, adding that the Finance Minister is also addressing it by pushing the Bankruptcy law in Parliament she said at the Advancing Asia conference of the IMF.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.