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Monday, June 1, 2020

No IBC and Covid NPAs coming, PSBs may sell Rs 20k-cr bad loans

An estimated Rs 20,000 crore worth of bad loans from state-run banks are up for sale to asset reconstruction companies as banks prepare for a fire sale due to suspension of the bankruptcy law which has blurred the recovery horizon.

from Markets-Economic Times https://ift.tt/2XpeLBx
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