Sashakt: Know all about Modi government’s latest mission to resolve bad loan problem

With an aim to resolve the problem of stressed assets with public-sector banks, the government has come out with a new plan - Sashakt - that includes the creation of one or more widely held asset management companies for loans above Rs 500 crore.

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