Security receipts for past NPAs appear as lenders seek to avoid provisioning

Executives from the stressed assets industry said SRs issued during non-performing asset (NPA) sales are now expected to be put up for sale, as for many of them, recoveries have not happened and erosion in the net asset value (NAV) may demand additional provisioning.

from Banking & Finance – The Financial Express https://ift.tt/3l5NU92