What is a Bad Bank? Will it Help Investors and Depositors

For ages, bad loan accounts are considered deteriorating for the overall health of financial institutions including banks. Though harder credit checks are being done to avoid bad debts, the banking sector is still facing an increase in the number of Non-Performing Assets (NPAs). NPAs are considered a technical term in terms of loans that are ceased to or have already evaded.

 

The bad bank in India is usually known as National Asset Reconstruction Ltd (NARC). This NARC is expected to perform as an asset reconstruction company. According to one of the top 10 stock brokers in India, public sector banks in India accumulated NPAs worth nearly Rs 6.17 lakh crores during the fiscal 2021-22.

 

Visit: - https://beststockbroker85.wixsite.com/brokeragefirm/post/what-is-a-bad-bank-will-it-help-investors-and-depositors

Location: Metro Station, A-107, Sector 63 Rd, near Sector 62, Rajat Vihar, A Block, Sector 65, Noida, Uttar Pradesh 201301, India

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