Strategic Debt Restructuring (SDR) Current Affairs, GK & News

Making a Bad Bank a good solution

In the light of the recent idea put forward by the Chief Economic Advisor, Arvind Subramanian, as well as Viral Acharya, the new Deputy Governor of RBI, backed by the Finance Ministry to set up a “Bad Bank”, the question arises as to whether this idea will help in addressing the problem of Non-Performing Assets ..