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Wednesday, July 25, 2018

NPA issue: Banks to acquire lands, unfinished projects to recover $20 billion in real estate bad loans

Lenders may be running short of options though. India’s central bank issued a directive in February forcing them to restructure loans quickly or take defaulters to bankruptcy court.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2LNl9u2

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