Sucheta Dalal :Do ARCs help resolve NPAs or just bail out banks?
Sucheta Dalal

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Do ARCs help resolve NPAs or just bail out banks?  

August 8, 2014

With gross NPA levels of Rs2.17 lakh crore in March 2014 and a restructured portfolio of Rs3.30 lakh crore, of which a lot will become NPAs, banks will continue to sell NPAs to the ARCs.

 

Rajendra M Ganatra

 

Internationally, the bankruptcy codes and effective legal mechanisms ensure speedy disposal of NPAs in the normal course.

 

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-- Sucheta Dalal