Indian banks are currently experiencing poor performance when it comes to debt risk. Burdened with high non-performing loans (NPL), they are putting at risk the funds of investors as well as India’s industrial and economic growth. In addition, the loan management process itself is riddled with inefficiencies. To overcome them, we propose to use blockchain technology.
India, bank, economic growth, technology
Asian Studies | Finance | Growth and Development
Asian Management Insights
Singapore Management University
City or Country
DHAR, Suparna and BOSE, Indranil.
Smarter banking: Blockchain technology in the Indian banking system. (2016). Asian Management Insights. 3, (2), 46-53. Asian Management Insights.
Available at: http://ink.library.smu.edu.sg/ami/3
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