Sunday, July 24, 2022

Lenders seek clarity from bad bank over invoking guarantees

The subject has assumed importance because banks have never invoked a government guarantee in the past. Senior bank officials conveyed their reservations on the subject to the NARCL management at a meeting last week, the people cited above said.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/lenders-seek-clarity-from-bad-bank-over-invoking-guarantees/articleshow/93096540.cms

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