Flashback 2017: NPA woes drag banks; MF inflows, insurance IPOs boost sentiment

By Bruhadeeswaran R

  • 21 Dec 2017
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Credit: Thinkstock

Mounting bad loans haunted banks in 2017 and a couple of high-profile mergers collapsed, but a bunch of initial public offerings by insurance companies provided succour to the Indian financial services industry this year.The year also saw marquee private equity firms backing private-sector banks and non-bank lenders, and the fintech ......

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