Will transfer Rs 2.2 lakh crore NPAs to ‘bad bank’: Financial services secretary

Will transfer Rs 2.2 lakh crore NPAs to ‘bad bank’: Financial services secretary
By & , TNN
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Synopsis

Financial services secretary Debasish Panda is responsible for implementing some of the key measures – from privatising two banks and a general insurer to setting up a development financial institution and faster payment of depositors stuck in ailing banks.