What is 'Bad Bank', Details & Features of NARCL

BAD BANK or National Asset Reconstruction Company Ltd (NARCL) is the future entity which will eventually take over most legacy non-performing assets (NPAs) worth over Rs 2 lakh crore from the various Public Sector Banks. NARCL, owned by state-owned …

Focus on Big NPAs & Not on Small Loanees, Supreme Court to PSBs

Bank should focus on Big ticket NPAs and not on small loans. If you are really concerned about rising NPAs (non-performing assets) of the public sector banks , concentrate on big corporate debtors not on such small loanees, a supreme court bench, head…

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