‘Bad bank’ idea is back! What it is that Modi government mulling to resolve bad loans

Finance Minister Piyush Goyal on Friday said that a committee will come out with its recommendations on setting up an asset reconstruction or an asset management company for faster resolution of bad loans -- a concept that's similar to the idea of bad bank.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2JuuB4t