Fix corporates first to lift credit flow: Final Diagnosis by Dr Acharya

Fix corporates first to lift credit flow, says Viral Acharya: RBI deputy governor wants companies to take steps to reduce debt...



Read highlights of Viral Acharya's presentation at rbi.org.in

My VIEW:
Final diagnosis



This refers to Ishita Ayan Dutt’s
report  “Fix corporates first to boost
credit flow: Acharya”(May 20). The report has excellently captured the theme of
the detailed presentation made by RBI Deputy Governor at the ICC Banking Summit
on May 19, 2017. Looks, the chase of stressed assets has come full circle and
having identified the source of malignancy, which is the borrower who is not
able to generate adequate income from the investments made out of credit
availed, or diversion of income generated, prescription for ‘treatment’ can now be accurate.
M G Warrier

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