16.06.2011 - India: Rising real estate exposure of banks may raise NPAs: RBI
The Reserve Bank expressed concerns over rising exposure of banks to the real estate sector and said it could lead to an increase in the non-performing assets (NPAs) of the banking sector. "The real estate sector posed some concerns given the large and growing share of these loans in the credit portfolio of banks, its NPAs witnessing higher than system level NPAs growth, and potential of greater slippages into NPAs," RBI said in its Financial Stability Report..............................................Full Article: Source
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