Resolution delay forces banks to put NPAs on sale

Assets worth Rs 40,000 crore are up for sale in sectors such as power, roads, telecom in the first half of FY20. 34% of cases under IBC delayed as of June, up from 26% a year ago. The code is one of the signature reforms of the Modi govt.

from Banking/Finance-Industry-Economic Times https://ift.tt/2p45MHl