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CII report says legal delays hurt Indian banking.
A new report by the Confederation of Indian Industry (CII) highlights that delays in loan recovery and complex legal processes are hindering India's banking system.
The report states that prolonged dispute resolution leads to asset devaluation and creditor losses, despite existing laws.
It calls for faster judicial action, expanding tribunals, and simplifying fragmented banking laws into a unified code to improve efficiency and economic stability.
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El informe del CII dice que los retrasos legales perjudican a la banca india.