With nearly half of the fiscal year behind us, the economic recovery is increasingly looking on a more solid ground and offers confidence. The sequential momentum as economic activities open-up, vaccinations gather pace, personal mobility recovers and festive season commences, is expected to improve as we head into the second half of fiscal 2021-22 (H2-FY22). It is perhaps also the right time to start to look beyond FY22, in a bid to ensure that growth impulses remain intact over the medium-term horizon. It is in this spirit, that the working modalities of the Bad Bank, aka NARCL i.e. (National Asset