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Insolvency resolution should efficiently redeploy assets. Bankers must bring commercial acumen to negotiations, not bureaucratic rigidity
NPAs in public sector banks (PSBs) increased by about Rs 6.2 trillion between March 2015 and March 2018
They welcome the new powers to RBI but have questions
Jaitley said that the problem was of top 20-30-40 accounts
New framework, awaiting Presidential assent, wants cash-rich PSUs as buyers
Framework on NPAs envisages changes to Prevention of Corruption Act and Banking Regulation Act
Threshold in lenders' forum likely to be reset
