Showing posts with label Banking. Show all posts
Showing posts with label Banking. Show all posts

Saturday, October 1, 2011

Banks witness rising risks from unsecured portfolios

Reserve Bank of India Deputy Governor Anand Sinha on Wednesday said that though bad loans were rising in the system, the central bank did not see it as a systemic risk yet. 

Talking to reporters on the sidelines of FICCI-IBA summit here, he said, “We don't see any systemic risks from the current trend of rising non-performing assets.