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See Challenging Environment For Banks: Ridham Desai

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September 26: Banks may have to deal with NPLs for some more time, says Ridham Desai of Morgan Stanley. The liquidity situation tight for banks, he says, adding that financial assets are not attractive at the moment. “As economic growth slows, it may bring the NPA issue to the fore, so banks may report disappointing earnings for the next 2-3 quarters,” he adds.