United Bank Of India View Of Banking In Economy
BUSINESS ECONOMICS|January 16-31, 2019

We are not hesitant to give loans to agriculture or MSMEs for fear of loan waivers or other uncertainties. We have to maintain our due diligence and proper risk analysis in serving loans. Uncertainty is an essential part of the business.

Kishore Kumar Biswas
United Bank Of India View Of Banking In Economy

The worst for India’s banking industry may be over. It is expected that banks have already disclosed all their restructured assets. Therefore all the NPAs have been revealed. New slippages, but nothing significant, may occur. But that always happens in businesses. There may be financial problems in the non-banking sector similar to what happened with IL&FS.

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