Thursday, May 6, 2021

PSBs will only lead bad bank, private banks also need to support it: SBI MD Swaminathan J

PSBs will only lead bad bank, private banks also need to support it: SBI MD Swaminathan J If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per cent of a sick company#39;#39;s outstanding loans, which shall ultimately lead to better resolution of the asset quality stress for all.

from Moneycontrol Business News https://ift.tt/3uEqcUd

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