Bad loans resolution at banks on the right track: Panagariya
Outgoing Vice Chairman of NITI Aayog Arvind Panagariya, has said resolution of bad loans in the banking system is on "right track" and will "open the door" to rapid credit expansion and growth. Terming the bad loans problem as a "legacy issue", Panagariya said that even after three years of the NDA government taking charge, it has not gone away.