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Last Updated : Sep 30, 2019 04:19 PM IST | Source:

Corporate Matters | Is Yes Bank the canary in the coal mine for the Indian banking system?

In the past few months, the consensus has been that the stressed asset recognition phase is over for India banks and it was time for them to focus on resolution. Indeed, in its last financial stability report, the Reserve Bank of India had projected non-performing assets ratio to come down for the entire banking system.

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