A trash can for big bad loans
Experts question the need for a new framework when you already have the IB
Sashakt, a new scheme announ足ced to clean up the balance sheets of banks and free up credit is a new weapon in the government's armoury to fight the menace of bad loans, but experts are wary of its success amid a maze of existing norms. The gross non-performing assets (NPAs) of Indian banks stood at Rs 10.25 lakh
