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Finance Ministry aims to transfer ₹1-lakh crore stressed assets to bad bank : comparemela.com
Finance Ministry aims to transfer ₹1-lakh crore stressed assets to bad bank
NARCL, commonly known as bad bank, operates by acquiring bad loans from banks, paying 15 per cent of the amount in cash and the remainder in government-guaranteed security receipts, which banks can invoke during resolution or liquidation.
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