Bank NPAs: Stirred, But Not Paused
While NPAs have come off their FY18 peak, they still remain far from their all-time lows.
While NPAs have come off their FY18 peak, they still remain far from their all-time lows.
The ARCs, the quintessential bad banks, can help the commercial banks focus on underwriting good loans, supporting GDP growth.
Apart from recapitalisation, public sector banks get a shot in the arm in the form of ARC and AMC mechanisms to clean up their books.
The group has repaid more than ₹1,37,000 crore of loans to global and Indian lenders. Its only continuing lender is now Russia’s VTB Group.