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Aditya Puri backs national bad bank as solution to NPA problem

Almost 20% of the banking assets are stressed with the NPAs

Press Trust of India  |  Mumbai 

Aditya Puri, Managing Director and Chief Executive of the second largest private lender HDFC Bank, on Friday backed the idea of setting up a national bad bank, saying anything that can help resolve the perennial bad loans problem is welcome. "I don't think a national bad bank is a bad idea. The Government and the regulators are coming up with various discussions as to how solve the issue relating to NPAs and that is necessary so that the banking system has the ability to do more. "Bad bank is one of the ideas being discussed, there are other ideas like the ...

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Aditya Puri backs national bad bank as solution to NPA problem

Almost 20% of the banking assets are stressed with the NPAs

Almost 20% of the banking assets are stressed with the NPAs Aditya Puri, Managing Director and Chief Executive of the second largest private lender HDFC Bank, on Friday backed the idea of setting up a national bad bank, saying anything that can help resolve the perennial bad loans problem is welcome. "I don't think a national bad bank is a bad idea. The Government and the regulators are coming up with various discussions as to how solve the issue relating to NPAs and that is necessary so that the banking system has the ability to do more. "Bad bank is one of the ideas being discussed, there are other ideas like the ... image
Business Standard
177 22

Aditya Puri backs national bad bank as solution to NPA problem

Almost 20% of the banking assets are stressed with the NPAs

Aditya Puri, Managing Director and Chief Executive of the second largest private lender HDFC Bank, on Friday backed the idea of setting up a national bad bank, saying anything that can help resolve the perennial bad loans problem is welcome. "I don't think a national bad bank is a bad idea. The Government and the regulators are coming up with various discussions as to how solve the issue relating to NPAs and that is necessary so that the banking system has the ability to do more. "Bad bank is one of the ideas being discussed, there are other ideas like the ...

image
Business Standard
177 22