Time to be tough on scam-hit NBFIs
Bad loans choking non-bank financial institutions: Authorities must improve monitoring to keep the sector in check
Source: thedailystar.net
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Bad loans choking non-bank financial institutions: Authorities must improve monitoring to keep the sector in check
Latest figures show how persistent the problem has been
Recent figures show alarming rise in defaulted loans
Leniency towards habitual defaulters led to this situation
Why, then, are the authorities not taking meaningful actions against them?