Former RBI governor Bimal Jalan on Monday said the managements of public sector banks, and not the finance ministry, should be held accountable for the wrong assessment of credit worthiness to check the rising number of bad loans.“If you put public sector banks in one bracket and other banks in another bracket, you will find that NPAs in the first sector are higher. So that is a product of not political intervention per se, but that could also be a product of the credit worthiness analysis that the banks do....there is much less of a price to pay if you make the wrong assessment of credit worthiness in a public sector, where accountability is a problem,” Jalan said in an event organised by the MCC Chamber of Commerce and Industry.

Source - http://www.financialexpress.com