> One of the reasons public sector banks might be indulging in distress sales, i... | Hacker News

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sage76 on May 31, 2017 | parent | context | favorite | on: India’s Bad Debt Is Looking Better to Investors

> One of the reasons public sector banks might be indulging in distress sales, is probably corruption

It is.

Example : http://www.thehindubusinessline.com/money-and-banking/syndic...

Considering the ineffectiveness of law enforcement agencies in India, it is safe to assume that this is the tip of the iceberg.

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