ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Politics

Indian farm loan waivers add to banking sector bad-debt woes

Experts expect agricultural write-offs to affect food supply, credit culture

 (placeholder image)
Farmers work in a paddy field in Kothari village, in the northeastern state of Assam, India.   © Reuters

MUMBAI -- Indian banks, already burdened with high corporate bad debt, face another threat to their balance sheets as state governments announce farm loan waivers to placate small and marginal farmers.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more