the reasons are as follows:
- Unlike east Asian crisis, Indian economy was on economic growth path with slight interruption.
- India maintained and followed strong prudential norms in terms of offering of credit. Boom period didn’t become the excuse for reckless loan giving.
- There were also control over the cooperates to take loan from foreign banks.
- Most of the NPA problem was in the Public sector banks which maintained adequate capital to deal with the crisis further they had strong backing of the government which didn’t led to decline in the trust towards bank.
- Indian banks and Big businesses didn’t committed the mistake as it was done by its counterparts during boom period.
Final Destination for Kerala PSC Notes and Tests, Exclusive coverage of KPSC Prelims and Mains Syllabus, Dedicated Staff and guidence for KPSC Kerala PSC Notes brings Prelims and Mains programs for Kerala PSC Prelims and Kerala PSC Mains Exam preparation. Various Programs initiated by Kerala PSC Notes are as follows:-
- Kerala PSC Mains Tests and Notes Program
- Kerala PSC Prelims Exam 2024- Test Series and Notes Program
- Kerala PSC Prelims and Mains Tests Series and Notes Program
- Kerala PSC Detailed Complete Prelims Notes