Economics · Banking Sector Challenges
Which of the following are recognized as major factors that historically pushed the banking industry into high Non-Performing Assets (NPAs) and structural issues?
- 1Both B and C✓
- 2Poor credit appraisal combined with political interference
- 3Mismanagement and diversion of funds by borrowers
- 4A rapid increase in the number of digital banks
Correct answer
Both B and C
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