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Top quality talent should be hired at NARCL: Tarun Bhatia
As the agency has the benefit of aggregation, its decisions will not be influenced by which bank has had the maximum stake
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What is so good about ‘Bad Bank’?
A bad bank is a bank that will take over the bad loans of other banks.
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Government incentive schemes to boost various sectors is pushing markets higher: Sudip Bandopadhyay
Staying out of the markets in anticipation of a correction is not advisable
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Bad Bank: What is in it for depositors?
As far as depositors are concerned, the biggest implication now will be that banks will have more bandwidth to deal with their credit requirements
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Bad bank creation likely to spur interest from investors
India's first bad bank will have two legs, National Asset Reconstruction Company (NARCL) and India Debt Resolution Company (IDRCL)
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Bad is good
If smooth implementation can be achieved, the bad bank can increase the robustness of the banking system by reducing NPA from their books.
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Three bright spots in FM’s announcement
These three steps would help create employment opportunities for different sectors
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Canara Bank to be lead sponsor of bad bank
Various public sector banks (PSBs) have also announced that they have earmarked a significant portion of their NPAs to be transferred to NARCL
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PSBs will only lead bad bank, private banks also need to support it: SBI MD
State-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks and other le
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Indian economy on ‘upswing’; government set to spend more along with pro-growth reforms: Arvind Panagariya
The eminent economist described the government's decision to privatise two public sector banks next fiscal as an "unprecedented" effort to "finally ri
