BUSINESS
NARCL a game-changer for India's bad debt resolution
Plugging the long-standing gap between policy intent and action, the government has displayed a firm resolve to expedite the recovery process of the banking sector
BUSINESS
A new credit culture can transform lending, improve NPA recovery rates
Empowering public sector banks to play an active role in the management of distressed assets could go a long way in reducing the queue of assets headed to insolvency
BUSINESS
Why the IBC is not the best bet in resolving distressed assets
Factors such as low recovery rate, longer timeline for recovery, and high incidences of liquidation are making the IBC a bridge to nowhere for banks and financial institutions
