Monday, June 8, 2020

Bad bank not a good idea unless key issues are addressed: Uday Kotak

"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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