Money

Scam reveals bad loan ‘evergreening’ practice

Haphazard credit disbursement that created irreparable holes in the balance sheet of erstwhile Apex Development Bank has exposed long-suspected counterintuitive practice of ‘evergreening’ of bad loans in the banking sector, which could contaminate and even bring down the entire financial sector. Scam reveals bad loan ‘evergreening’ practice
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Rupak D. Sharma
Published at : March 28, 2018
Updated at : March 28, 2018 09:42
Kathmandu


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