Thursday, May 6, 2021

PSBs will only lead bad bank, pvt banks also need to support it: SBI MD

If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per cent of a sick company's outstanding loans, which shall ultimately lead to better resolution of the asset quality stress for all.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/psbs-will-only-lead-bad-bank-pvt-banks-also-need-to-support-it-sbi-md/articleshow/82434371.cms

No comments:

Post a Comment