Banks up to tricks with bad loans again?

The recapitalisation of banks, the slow absorption of bad loans in the system, and the normal growth that comes from a growing economy have led us to believe that PSBs are sailing smoothly

 

 

The typical window of reform opportunity is early in a government's tenure. Having squandered the "honeymoon" period and beyond, the UPA government and Dr Singh personally find themselves empowered late in life. The question now is this: assuming that Dr Singh has acquired some political coinage, what should it be expended on? Or, what economic reforms should this government push with about nine months left to govern?

Somewhat paradoxically, Dr Singh should