NPA Situation to Worsen: EY India
Vikram Babbar, Executive Director - Frauds Investigations and Disputes Services at EY India, spoke to NDTV about their findings in a survey of bankers. The survey says that the non-performing assets situation is expected to worsen, because the buildup of bad assets over the last few years has been caused not just by an economic slowdown but also by loan fraud and fund diversion.
