What is a Bad Bank, can it help create Good Banks in India? Critically analyse. (150 W/ 10 M)

Mentors Comment: The idea of forming a ‘bad bank’ in India was initially floated in 2017 when the Economic Survey suggested setting up a Public Sector Asset Rehabilitation Agency (PARA). Along with it, RBI floated the idea of PAMCs and NAMCs on the lines of Bad Banks. Therefore, it’s an important topic, given the challenge … Continue reading What is a Bad Bank, can it help create Good Banks in India? Critically analyse. (150 W/ 10 M)