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Budget 2016: More bank reforms likely, finmin to go beyond bank recap plans

The finance ministry and the Reserve Bank of India are unhappy with public sector banks for not dealing with 'bad promoters' and have asked them to use corporate debt restructuring (CDR), strategic debt restructuring (SDR) and sell 'bad' promoters' assets to bring them to task

first published: Feb 15, 2016 11:42 am

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