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NPA resolution involves deep haircut; need to empower banks for this: Credit Suisse

"NPA resolution will involve deep haircuts. So you need ability to empower the banks or the bad banks to be able to take that haircut and you will need to provide capital to the banks because if they have to take this magnitude of haircut, they need more capital", Ashish Gupta, Head of Research-India at Credit Suisse told CNBC-TV18.

first published: Mar 29, 2017 09:08 am

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