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Bad bank may follow Swiss challenge method for price discovery of assets

Plan aimed at price discovery of assets; IBA working closely with FinMin, RBI

Topics
bad bank | Banking Industry | Swiss Challenge method

Anup Roy  |  Mumbai 



bad banks, arc, npas, asset reconstructions, loans, banking, finance
Bad assets worth Rs 500 crore and above, against which 100 per cent provisioning has been done, may be transferred to the bad bank

The proposed ‘bad bank’, to be floated by the banking industry, will likely follow the for price discovery of assets, sources close to the development said.

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First Published: Thu, February 25 2021. 06:10 IST

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