NPA Resolution Without Burdening Taxpayers

The news of Tata Steel acquiring Bhushan Steel has come as a relief to the miserable banking sector of the country, reeling as it does under the pressure of non-performing assets or irrecoverable (bad) loans. A strong private company buying up a weak or sick one saves the taxpayer from being burdened with the surplus […]

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Making Banking Assets Perform: Tata Steel Acquires Bhushan Steel

Bad loans have been the deeper malaise of public sector banks which have inflicted deep wounds on Indian growth story. Narendra Modi government inherited this problem in legacy but has since got worsened. As the economy surged in the second half of the last decade, public sector banks (PSBs) opened their purses for the corporate […]