Bad Bank launched for stressed assets as a measure to clean up bank books

Last updated: 21 July 2021

The Government has launched a Bad Bank with all the regulatory approvals in place. This was stated by Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in the Lok Sabha today. The Finance Minister Smt. Nirmala Sitharaman, in her speech on the Budget for the

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