Higher NPAs hinder monetary policy transmission: RBI

The working paper also made a strong case for capital injection in state-owned banks, arguing that such a move would increase the credit flow to the real sector in addition to ensuing smoother transmission of monetary policy.

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/higher-npas-hinder-monetary-policy-transmission-rbi_14377721.html
via IFTTT