Bankers to revive bad bank concept2 min read 08 May 2020, 12:16 AM IST
The ARC will be set up with 15% investment by the government
The assets will be managed by an asset management company (AMC) run by banks and the Alternate Investment Funds (AIF) will make available a secondary market for these security receipts
MUMBAI : Indian Banks Association is reconsidering the option of bringing back the bad bank concept to resolve the existing legacy of stressed assets, according to two people familiar with the matter. Banks are exploring whether to transfer loans under restructuring or those undergoing resolution in the National Company Law tribunal (NCLT) to the bad bank.
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