Bad bank will help clean up balance sheets, but credit culture must change for healthier financial system

Synopsis: Issues and challenges that may impact the performance of the National Asset Reconstruction Company Ltd. Introduction The balance sheets of banks show stressed loans worth Rs 2 lakh crore. To address this problem the government had envisaged the formation of National Asset Reconstruction Company Ltd (NARCL) referred to as the bad bank within a… Continue reading Bad bank will help clean up balance sheets, but credit culture must change for healthier financial system