A bad bank is a set up that buys non-performing assets or distressed loans from banks at mostly market price. This helps banks clear its balance sheets by transferring the bad loans.from Moneycontrol Business News https://ift.tt/2Lz1y03
Friday, June 8, 2018
FinMin takes stock of PSBs, sets up committee to consider setting up #39;bad bank#39;
A bad bank is a set up that buys non-performing assets or distressed loans from banks at mostly market price. This helps banks clear its balance sheets by transferring the bad loans.from Moneycontrol Business News https://ift.tt/2Lz1y03
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