CEA Subramanian pitches for private sector-led bad bank to deal with NPAs - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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CEA Subramanian pitches for private sector-led bad bank to deal with NPAs

Earlier this month, RBI Governor Shaktikanta Das indicated that the central bank can consider the idea of a bad bank to tackle non-performing assets (NPAs). "If there's a proposal to set up a bad bank, the RBI will look at it. We have regulatory guidelines for asset reconstruction companies," Das had said.

from Industry-Economic Times
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