India, Sept. 9 -- Infrastructure development is critical to economic growth, serving as the backbone of trade, industry, and overall societal progress. In India, the financing of infrastructure projects has been a joint effort between the government, the private sector, and banks. The introduction of public-private partnerships (PPPs) in the late 1990s was intended to enhance private sector participation and efficiency in infrastructure development. However, the financial viability of some of these projects has been questioned due to the rising levels of non-performing assets (NPAs) in the banking sector. This study empirically analyses the impact of bank infrastructure financing on NPAs, investigating whether public sector banks (PSBs) a...
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