Insolvency Law Has Ensured Better Credit Culture In Borrowers: CEA

Insolvency Law Has Ensured Better Credit Culture In Borrowers: Chief Economic Advisor

Responding to a query on what banks need to do to stem NPAs in first place, CEA said "the business of banking is about taking well evaluated risks"

Banking & Financial Services | | Updated: May 22, 2019 21:05 IST
Insolvency Law Has Ensured Better Credit Culture In Borrowers: Chief Economic Advisor

Lauding the role of IBC, CEA said: "If IBC was not there, the borrower would have no incentive to repay."