A long programme for smart banking services to Public Sector Bank i.e. EASE will now be taken care by Indian Banks' Association (IBA). Till now the work being done jointly by consultancy firm Boston Consultancy Group (BCG) and banking industry lob…
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 …
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…