Friday, May 30, 2014

FM to target Rs 2 lakh crore bank NPAs

Non-performing assets (NPAs) of banks estimated at over Rs 2 lakh crore seem to be top on finance minister Arun Jaitley’s agenda. Jaitley is weighing various options such as shifting the bank NPAs to asset reconstruction companies on a wider scale, and sweeping changes in the Debt Recovery Tribunal’s (DRT) legislation, making the dispensation of cases time-bound..........

Read - DNA

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