Banks To Sell Bad Loans
  • Prabha Hedge
  • Jan 22 2014

January 22: In an attempt to boost asset quality and profits, banks are offloading bad loans and clean up their balance sheets. Bloomberg TV India has learnt that the country's top banks have plans to sell over Rs.16,000 crore of soured debt to prop up incomes before the end of this fiscal. Saloni Shukla shares more details on the same. Also Harsha Subramniam speaks to Arcil’s P. Rudran to discuss the rising bad loans issue.