Asset Quality Fears Dominate FSDC Meet
  • Elizabeth George
  • Aug 08 2013

August 8: An issue that dominated the discussion at Wednesday’s FSDC meet, chaired by RBI Governor D. Subbarao, was the asset quality problem at the country's public sector banks. In a Bloomberg TV India exclusive last week, Financial Services Secretary Rajiv Takru had expressed concerns about the manner in which companies were approaching the CDR process to defer loan repayments.