Npas news and trends

Government Panel Proposes Asset Firm For Bad Loans In India

July 03, 2018
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Government Panel Proposes Asset Firm For Bad Loans In India

July 03, 2018
Amid efforts to clean up the banking industry in India, a government panel has floated the idea of creating an asset management company (AMC) that would focus on resolving bad loans that are over $73 million. The panel, which is comprised of bankers, was formed after the government tightened some rules and the central bank withdrew […]