article/opinion/columns/india- bad-bank-national-asset- reconstruction-company-china- 7374608/
- In the intro, briefly explain the bad bank.
- In the body, discuss the advantages such as freeing up of assets and locked capital, cleaning the balance sheets of banks, the quickening of the resolution process etc. In next part, mention the issues like lack of capital, lack of interest by private investors in the bad bank. In the suggestions mention fixing the tenure for bad bank, specific mandate, diverse investors in bad banks etc.
- Conclude by mentioning that the government need to be aware of the above issues with bad banks as demonstrated by the experiences of other countries such as China.