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Transferring 18 NPAs to bad bank by October-end a tall order: Bankers

There is no way that lenders can bypass established regulatory norms including the step of inviting counter bids under Swiss challenge method, they said

Topics
Bankers | ARC | Banks

Abhijit Lele  |  Mumbai 



bad loans
Senior executives with public sector banks said the beginning has been made to offer few accounts

The National Asset Reconstruction Company (NARCL) is currently targeting to buy 18 distressed accounts by the end of October, even though it has bought none, so far.

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First Published: Mon, September 19 2022. 23:46 IST

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