Bank Chief’s Health Com­pounds NPA Is­sue

The Economic Times - - Money & Banking -

There’s a prob­lem with this star bank too when it comes to work­ing a way around bad loans. It seems the CEO of the bank has given a stand­ing in­struc­tion to ju­niors to just not do any­thing on the is­sue. The in­ac­tion has come to such a level that even if some­one, in­clud­ing the reg­u­la­tor, wants to be harsh, they are told to go soft on the CEO due to ‘heart prob­lems’.

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