No Lending Paralysis, Not Seen Any Viable Projects Yet: Bank of Baroda
Ranjan Dhawan, executive director at Bank of Baroda, tells NDTV that pressure on asset quality will continue in the fourth quarter as well and that the lender may see some recovery coming in from the April-June quarter. A high number of bad loans has come from the infrastructure and metals sector including some big ticket loans which have gone bad, he says. He also says there is no lending paralysis, banks are willing to lend but have not seen any viable projects yet.
