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The income-tax department had booked Mr Bhandari under the new act, called the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. (Photo: PTI)

Long-term lenders a must for India's industrial growth

The bad loans in the Indian banking system have risen by nearly 6.5 times to Rs 6.15 lakh crore.

4 Aug 2017 3:50 AM IST