NPAs Condition Is Highly Stretched: Madhusudan Kela
  • Saba Ashraf
  • Aug 30 2013

Aug 30: “The banks’ NPA situation is worsening especially as company EBITDAs are slowing,” says Madhusudan Kela, Chief Investment Strategist at Reliance Capital. Referring to the road sector, he says banks need to revise their funding and debt structures. The government also faces constraints; for example, removing bottlenecks in the mining sector will help, but the courts need to speed up clearances in order to allow government reforms, he points out.