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India Loan Woes Go From Bad to Worse

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A slowing economy is expected to worsen the situation for nonperforming loans at India's banks. At State Bank of India nonperforming loans are at 5.7% on total loans at June 30, 2013, increasing from 5% the prior year. Standard & Poors figures show the ratio of nonperforming loans increasing sector wide from 3.4% in March 2013 to 3.9% in March 2014 and 4.4% in March 2015.

India's banks in 2012-2014

03/15/2012

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India Loan Woes Go From Bad to Worse

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India Loan Woes Go From Bad to Worse

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