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【标题】Banks seek fig leaf for bad loans
【摘要】yarn, fabric and clothing companies are in a sweet spot. they owe banks so much that now it is their lenders' job to ensure they survive. with wild enthusiasm, banks have lent the textile industry rs 2,50,000 crore over last 12 years. till 2008, the going was good. now companies say they can't even pay interest on rs 50,000 crore in working capital loans. upto 15 per cent of loans to this industry are stressed and the number is rising fast. in today's precarious times, such a gaping hole could... (02-07 02:00)
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