'Flush with funds, lending became a cash management exercise.''Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
from Rediff News https://ift.tt/2MItVKO
Wednesday, 20 June 2018
REVEALED: What went wrong with bank loans
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