Public sector banks list Rs 82,500 crore NPAs for bad bank

According to banking sources, work is progressing on multiple fronts to ensure that the bad bank starts operations as soon as possible. On Wednesday, bankers met to finalise the capital structure of the bad bank (NARCL). Sources said that the company would need at least Rs 6,000-crore capital of equity and debt to start operations.

from Banking/Finance-Industry-Economic Times https://ift.tt/2SUA1it