Vivek Kaul on the NPA mess, the poor state of public sector banks and his latest book | NL Interview

Newslaundry 2021-11-10

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#VivekKaul is an author, columnist and commentator, known for his Easy Money trilogy on the history of money and banking and the fundamental issue behind the global financial crisis. His latest book, Bad Money: Inside the #NPA Mess and How It Threatens the Indian Banking System, focuses on the layers within layers of India’s non-performing assets problem.

In this interview with Newslaundry’s Abhinandan Sekhri, Vivek kicks off by explaining how #VijayMallya, Mehul Choksi and #NiravModi have become the “poster boys” of the NPA mess in India, even though there’s an entire list of defaulters in the Parliament which hasn’t been spotlighted. Everyone, from the media to readers, seem to have lost interest, he says.

They also talk about the NPA mess, the poor state of public sector banks and Vivek's latest book.

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