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Economic Bytes: Lenders want bad bank to take NPAs

Bad Bank Concept Approx Read Time: 5 minutes In News: The Indian Banks’ Association has pitched the idea of creating a ‘bad bank’ to help lighten the load of stressed assets on the books of Indian lenders. News Summary: Banks led by State Bank of India (SBI) are pushing for a ‘bad bank’ in the …

Read moreEconomic Bytes: Lenders want bad bank to take NPAs