Policy & GovernanceBanking on the Brink: India’s NPA Crisis and the Shadow of Political CronyismEkalavya HansajMay 8, 2025May 8, 2025 by Ekalavya HansajMay 8, 2025May 8, 2025011 In recent years, the NPA crisis in Indian public sector banks has dominated headlines and boardrooms alike. A century of public banking, once a pillar of India’s...