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NARCL will have economies of scale with respect to bad asset aggregation

The long overdue facilitation via NARCL comes at a time when banks' appetite for credit needs to be supported, as the economy turns a corner

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Illustration: Ajay Mohanty

QuantEco Research Mumbai
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

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First Published: Sep 16 2021 | 7:57 PM IST

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