Business Insight | CII bats for bad banks in pre-budget talks: A look at the workings of a bad bank

India Inc has pushed for the creation of multiple bad banks to absorb the non-performing assets in the aftermath of COVID-19. Many industry leaders believe that it is important to find a resolution mechanism through market-determined price discovery and multiple bad banks can address this issue in a transparent manner. Here’s all you need to know about the idea.


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