"I think we have tried the bad bank in the past. If you recall when IDBI had challenges in the early 2000s, there was an IDBI SASF, which was created. A part of non-performing assets (NPAs) of IDBI were moved to that SASF," Kotak told in an interview.source https://economictimes.indiatimes.com/industry/banking/finance/banking/bad-bank-not-a-good-idea-unless-key-issues-are-addressed-uday-kotak/articleshow/76259324.cms
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