Moneycontrol
Last Updated : Jan 24, 2018 09:55 AM IST | Source: CNBC-TV18

PSBs put bad loans up for sale: Sources

Banks saddled with bad debt are looking to offload large portfolios of non-performing accounts in a bid to recover their dues. CNBC-TV18 learns five public sector banks (PSBs) are currently in the market to sell their non-performing assets (NPAs) and interestingly, these accounts feature several names from the two insolvency and bankruptcy code (IBC) lists.

CNBC TV18 @moneycontrolcom

Banks saddled with bad debt are looking to offload large portfolios of non-performing assets (NPAs) in a bid to recover their dues. CNBC-TV18 learns that five public sector banks (PSBs) are currently in the market to sell their NPAs and interestingly, these accounts feature several names from the two insolvency and bankruptcy code (IBC) lists.

Watch accompanying video of CNBC-TV18’s Ritu Singh for more details.
First Published on Jan 24, 2018 09:55 am
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