All Strange Things About India and world
National Asset Reconstruction Company is expected to take over first batch of NPAs in JulyNew Delhi: The Finance Ministry on Monday said that the Rs 6,000-crore National Asset Reconstruction Company…
High bad loans (NPAs) indicate that the bank is in poor health.The December 2021 quarter was a good one for PSU banks. As the economy recovered, the credit growth of…
A bad bank is an asset reconstruction company that takes over bad loansThe Indian banking sector has been saddled with non-performing assets for some time now. Stressed assets in the…
Union Cabinet has approved proposal for setting up bad bankThe Union Cabinet has approved Central Government guarantee to the tune of up to Rs 30,600 crores to back security receipts…