It’s Friday, and another Russian bank gets taken over and most of its creditors get bailed out by the Central Bank, this time the 10th largest bank in Russia, Promsvyazbank – with the top six...
India’s ratio of non-performing loans (NPA) to the gross loans has shown a steep rise in the last 5 years, hovering over 9% as of 2016. When compared to other developing economies, the present condition...