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Bankruptcy better tool for resolution of NPAs due to smaller timeframe: SBI MD

The government has notified an ordinance aimed at launching an assault on India's near Rs 10 lakh crore bad loan burden. However, the ordinance is not the only big headline on the non-performing asset (NPA) front. Joint Lender Forums (JLF) have also got more teeth now. Reserve Bank of India (RBI) has issued a notification easing the norms for decision making by lender forums. Watch Latha Venkatesh of CNBC-TV18 explaining the details.

first published: May 8, 2017 08:39 am

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