PSBs will only lead bad bank, pvt banks also need to support it: SBI MD

If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per cent of a sick company's outstanding loans, which shall ultimately lead to better resolution of the asset quality stress for all.

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