What is Bad Bank? What are the challenges it could face in the Indian context? 10 marks
Mentor’s comment- https://www.livemint.com/opinion/columns/its-better-to-stop-the-creation-of-bad-debt-than-set-up-a-bad-bank-11610985109485.html https://www.thehindu.com/opinion/op-ed/Why-a-%E2%80%98bad-bank%E2%80%99-is-tricky/article15477841.ece In the intro, briefly mention the rising level of NPA in Indian banks which is expected to grow further due to pandemic. In the body, explain what Bad Bank is. In the next part, mention various issues with its creation like ownership of the Bad Bank, in the government ownership constraints … Continue reading What is Bad Bank? What are the challenges it could face in the Indian context? 10 marks
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