Bad bank rushes to avoid an extension of licence deadline | Mint - Mint


6/19/2022 12:00:00 AM2 years 10 months ago
by Shayan Ghosh, Gopika Gopakumar

Regulatory norms mandate banks to use Swiss Challenge method of auctioning when selling loans of ₹100 cr and above

MUMBAI : Indias bad bank is racing against time to complete its first transaction by 30 June, failing which it would have to seek an extension from the Reserve Bank of India (RBI), two people aware o… [+3597 chars]

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