IASbaba's Flagship Course: Integrated Learning Programme (ILP) - 2024 Read Details
TOPIC:
General Studies 2
General Studies 3
In News: Independent asset management companies and steering committees will be set up for faster resolution of bad loans in the banking system. The Government has accepted a five-pronged plan of the Sunil Mehta-panel.
What has caused distress in the banks’ assets and have played part in the mounting NPAs?
Sunil Mehta-panel:
Objectives:
5-point formula to resolve NPAs in the banking system – Project Sashakt
Note:
Challenges in Implementation
Conclusion:
Connecting the Dots: