Monday, March 24, 2014

Sale of NPAs by banks

Now the malls can have a separate wing to sell off bad loans of various banks and those interested can have them at Competitive Prices. There will be bank wise counters and they will proudly present their bad loans under various segments viz; Corporate loans, Institutional Loans, and retail loans etc. What a progress the economy has made?

Dr.T.V.Gopalakrishnan

(This comment appeared in ET dated 24/3/14 in respomnse to the news item Bank of India to sell NPAs)

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