Loan waivers: No silver lining for farm sector
Wednesday, December 26, 2018, 7:41 AM
In a country where bank loans worth Rs.10L crore qualify to be categorised as bad, wave of competitive populism in bailing out farmers is building further stress for lenders. From the largest State Bank of India to the most valuable HDFC Bank have their share of repayment woes, sown in the rural hinterland. Farm-loan waivers could not repair damages that better infrastructure definitely could.