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Indian Banks Clean Up Their Books, US Banks Succumb to Interest Rates

Indian Banks Clean Up Their Books, US Banks Succumb to Interest Rates

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Mar 20, 2023
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Craving Alpha
Craving Alpha
Indian Banks Clean Up Their Books, US Banks Succumb to Interest Rates
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Photo by Eduardo Soares on Unsplash

Firstly, let's discuss the Indian banking industry

The Indian government has been taking measures to clean up the banking sector for several years now. The Reserve Bank of India (RBI) has been working to ensure that banks have adequate capital and liquidity to absorb losses from non-performing assets (NPAs) and to preve…

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