ADVERTISEMENT
Government Revives ‘Bad Bank’ Talks... Reluctantly.
A bad bank, which has been discussed and shelved many times, is being considered again but remains uncertain.
18 Jan 2021, 01:23 PM IST i

Save

The North Block of the Central Secretariat building, which houses the Ministries of Finance and Home Affairs, stands in New Delhi, India. (Photographer: Prashanth Vishwanathan/Bloomberg)
The Indian government has revived discussions on setting up a ‘bad bank’ as non-performing assets on the balance sheets of Indian banks remain elevated and may rise as a result of the Covid-19 pandemic. While discussions have taken place, hurdles and reservations to the setting up of a bad bank remain.The Ministry of Finance has held informal discussions with the Indian Banks’ Association recently with “various permutations and combi...

I’m already a Subscriber
To continue reading this story
Subscribe to Unlock & Enjoy your
Subscriber-Only benefits
Subscriber-Only benefits
Choose a plan
Renews automatically. Cancel anytime.
Access to
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Subscriber-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Subscriber-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT