Economy What Indian banks can learn from the US financial crisis of 2008 Updated : February 28, 2020 06:19 AM IST During the great financial crisis, US policy makers encouraged private organisations to work ensemble to solve the underlying problems. It is wise for Indian bankers not to let the NPL problem fester on the balance sheet by mismarking them, which is a surefire recipe for disaster. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.