A few years ago, India faced a problem. While everything looked good on the
outside, India’s banking sector was crippled with disease. And this disease
was the cancer of Non-Performing Assets (NPAs). Loans that failed. Leading
to a debt crisis that spiraled.
But thanks to a democratic system that ushered in a new government with a
fresh zeal, India did a 180. http://tfipost.com/2021/12/india-faced-bad-loans-head-on-and-won-but-china-has-fled-the-scene