You are here

Rajan's bank headache to linger as ICICI and Axis spark debt angst

BT_20160512_NAHINDIA12_2275353.jpg
Mr Rajan started the national audit to force banks to set aside more cash to cover write-offs.

Mumbai

INVESTORS who anticipated that India's central bank governor Raghuram Rajan would bring order to a bad-debt-plagued banking system by now are being forced to ratchet back those expectations.

Results from ICICI Bank and Axis Bank two weeks ago and comments from their top

sentifi.com

Market voices on:

Powered by GET.comGetCom