A HEALTHIER SYSTEM

摘要

"It is like the critically ill patient in hospital. You never give up hope until the last minute," said KR Kamath, chairman and managing director of Punjab National Bank, in referring to efforts to prevent stressed loans from becoming non-performing assets, a hot-button topic for India's capital-constrained banking sector. "Revival of an asset is always desirable," he said. Yet, Kamath, as head of one of India's largest lenders, knows banks cannot afford to wait forever to recover their investments. Stressed banking assets are now one of India's biggest macroeconomic challenges, with the potential to threaten government finances and weigh on already fragile economic growth.