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Rajan Blames UPA Corruption for Bank NPAs, Praises Modi Cleanup

Raghuram Rajan, former Governor of the Reserve Bank of India (RBI), has linked corruption under the UPA government as the primary cause of non-performing assets (NPAs) in Indian banks. In a recent interview, Rajan explained that following the global financial crisis, several projects began facing severe delays due to corruption scandals, land acquisition issues, and other regulatory obstacles. These factors, he argued, significantly contributed to the rise of NPAs. Rajan praised the

Finance & Economics

20 Dec 2024 09:08 AM 1.34k views

Rajan Blames UPA Corruption for Bank NPAs, Praises Modi Cleanup

Raghuram Rajan, former Governor of the Reserve Bank of India (RBI), has linked corruption under the UPA government as the primary cause of non-performing assets (NPAs) in Indian banks. In a recent interview, Rajan explained that following the global financial crisis, several projects began facing severe delays due to corruption scandals, land acquisition issues, and other regulatory obstacles. These factors, he argued, significantly contributed to the rise of NPAs. Rajan praised the

Finance & Economics

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#raghuram-rajan

Rajan Blames UPA Corruption for Bank NPAs, Praises Modi Cleanup

Rajan Blames UPA Corruption for Bank NPAs, Praises Modi Cleanup

Jackal Attacks in Madhya Pradesh: Two Injured in Sehore District as Authorities Urge Caution

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Jackal Attacks in Madhya Pradesh: Two Injured in Sehore District as Authorities Urge Caution

India-China Ties Improve After 2020 Ladakh Clash, Says Jaishankar

Changing Indian Relationships: Rising Divorce Rates, Singlehood Trends, and Social Impact

Dubai Crown Prince Sheikh Hamdan Bin Mohammed to Begin First Official Visit to India

Colombia’s Petro condemns US action in Venezuela, warns of armed response

RBL Bank and Bajaj Finance End Co-branded Credit Card Partnership

Trump jokes about Canada as ‘51st US state’ during meeting with Canadian prime minister

Cole Allen linked to historic Wide Awakes after White House dinner shooting

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#raghuram-rajan

Rajan Blames UPA Corruption for Bank NPAs, Praises Modi Cleanup

Rajan Blames UPA Corruption for Bank NPAs, Praises Modi Cleanup

Jackal Attacks in Madhya Pradesh: Two Injured in Sehore District as Authorities Urge Caution

India-China Ties Improve After 2020 Ladakh Clash, Says Jaishankar

Changing Indian Relationships: Rising Divorce Rates, Singlehood Trends, and Social Impact

Dubai Crown Prince Sheikh Hamdan Bin Mohammed to Begin First Official Visit to India

Colombia’s Petro condemns US action in Venezuela, warns of armed response

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Trump jokes about Canada as ‘51st US state’ during meeting with Canadian prime minister

Cole Allen linked to historic Wide Awakes after White House dinner shooting

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