Tag: it will work

Bad Bank to solve Rs 2 lakh crore bad loans, take NPAs off banks’ books; here’s how it will work

The Bad Bank is finally here, after a decade of discourse. It aims to assist pack up banks’ books by taking up Rs 2 lakh crore bad loans. If it works as intended, Bad Bank may help cut system-wide bank NPAs (non-performing assets) by over 1%, and help recover a number of bad debts too, […]

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