If the banks are serious about recovering bad loans, they need to build an array of ancillary industries of liquidators, receivers and securitising agencies

Light, camera, action...The Rajya Sabha on Wednesday witnessed the muharat of a new film on Indian banking with politicians washing much dirty corporate linen in public and finance minister Jaswant Singh dramatically describing the banking industry

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First Published: Jul 25 2002 | 12:00 AM IST

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