Central bank governor Shaktikanta Das said the proposed bad bank, considered crucial in helping extract capital stuck in soured loans, will be a new asset reconstruction company (ARC) set up by public sector lenders to take over bad assets.source https://economictimes.indiatimes.com/industry/banking/finance/banking/bad-bank-will-be-a-new-arc-set-up-by-psbs-rbi-governor-shaktikanta-das/articleshow/81220091.cms
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