Project Sashakt: Will PE investors warm up to the new plan to tackle bad loans?

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Indian banks are sitting on a mound of toxic loans–a Rs 10 trillion hazard that could swallow large chunks of the sector. To sort this mess out and limit the collateral damag ….

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RBI reveals plan to tackle banks’ $150 bn bad loans

The Reserve Bank of India (RBI) outlined on Monday the broad contours of a plan…

State-run banks must do more to control bad loans, says finance minister Jaitley
PTI 2 years ago

Describing the Non-performing asset (NPA) situation of public sector banks as…

India Inc’s distress to worsen as 150 more firms face insolvency: Eight Capital

Indian companies with a total debt of at least $85 billion could face insolvency…

Source: VC Circle

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