No IBC and Covid NPAs coming, PSBs may sell Rs 20k-cr bad loans - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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No IBC and Covid NPAs coming, PSBs may sell Rs 20k-cr bad loans

An estimated Rs 20,000 crore worth of bad loans from state-run banks are up for sale to asset reconstruction companies as banks prepare for a fire sale due to suspension of the bankruptcy law which has blurred the recovery horizon.

from Economy-News-Economic Times
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