News on Indian Economy, Economic Indicators, Government Policy for Economy, Industries Fiscal & Monetary Measures. News & analysis on Domestic and International Trade, National and State Finances, Budget, Government Regulation, Monetary Policy, RBI Rates, Interest Rates, CRR, Indian Trade, Monetary and Industrial Policy.
The BJP-Congress spat over bad loans of banks continued on Friday with former Union Finance Minister P. Chidambaram blaming the government's "heavy-handed" approach to the NPA problem for the sharp decline in export credit.
"There has been of late a lot of brouhaha over the increasing household leverage in the country. However, such fears are largely unsubstantiated by hard facts which is only 9-10 per cent," SBI Research said Thursday.