Running out of patience, more banks are putting bad loans on the block

By Beena Parmar

  • 28 Jan 2019
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Credit: Thinkstock

Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the country’s bankruptcy law gets closer to resolving large corporate accounts. Over the past couple of weeks, at least two public-sector lenders have expressed interest in selling some of their large non-performing assets ......

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