View: Interventions, a four-pronged approach, have made clean and credit-ready banks the new normal - Business News, Finance News, Share Market News - Market trendz

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Saturday, 29 February 2020

View: Interventions, a four-pronged approach, have made clean and credit-ready banks the new normal

More than animal spirits, what were needed were saintly spirits. Calibrated interventions were taken, and a four-pronged approach within a compressed timeframe enabled jettisoning the excess cargo of non-performing assets (NPAs), while sealing points of water ingress.

from Banking/Finance-Industry-Economic Times
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