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Tag "Bad Bank"

Govt approves Rs 30,600 cr sovereign guarantee to operationise bad bank

Govt approves Rs 30,600 cr sovereign guarantee to operationise bad bank

🕔19:22, 16.Sep 2021

New Delhi, Sep 16 (IANS) The government has approved providing Rs 30,600 crore as state guarantee for the security receipts issued by the bad bank, National Asset Reconstruction Company Ltd (NARCL). The government guarantee mechanism was approved by the Union cabinet

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Bad Bank: TACKLE NPAs JUDIOUSLY …

Bad Bank: TACKLE NPAs JUDIOUSLY …

🕔09:39, 30.Mar 2017

Bad Bank TACKLE NPAs JUDIOUSLY By Dhurjati Mukherjee  The top brass of the Reserve Bank of India (RBI) met recently regarding setting up a bad bank, an idea most recently highlighted by Chief Economic Adviser Arvind Subramanian. This would help

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