The bad bank plans to recruit as many as 50 professional executives for the asset management company (AMC) — India Debt Resolution Company Ltd (IDRCL) — to begin with, said people familiar with the matter. The bad bank’s regulatory framework is being worked out.source https://economictimes.indiatimes.com/industry/banking/finance/banking/state-backed-bad-bank-set-to-begin-operations-in-january-second-week/articleshow/88509159.cms
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