Go ahead for ‘bad banks’
What is the concept of bad bank? Do you think that ‘bad banks’ can offer the Indian economy a fresh start? (250 words)
Approach
- Introduction- meaning of bad bank and global practice
- Working of bad banks
- Need in India
- NPAs in India and different categories
- Significance for the economy
- Challenges for bad banks
- Required policy measures
- Conclusion
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