RBI unearths additional $7 billion bad loans at India's five biggest lenders | | Best Investment adviser in India & Genuine Stock advisory company

RBI unearths additional $7 billion bad loans at India's five biggest lenders | | Best Investment adviser in India & Genuine Stock advisory company: Bad loans at India's five biggest state-run banks were about 456.8 billion rupees ($6.8 billion) more than the lenders had assessed. Audits by the regulator for the year ended March 31, 2017, revealed the discrepancies, triggering large losses as the banks increased provisions. If you add IDBI Bank Ltd., which doesn't