PSBs may need Rs 1.3 lakh cr for loan recast plan

The committee on stressed assets has estimated that public sector lenders will need Rs 1.1-1.3 lakh crore over a two-year period to deal with resolution of stressed assets, including funding of the proposed asset management company (AMC) and the stressed asset fund.

from Times of India https://ift.tt/2tZT3Vw