Watch: FM Nirmala explains 'bad bank' decision in Budget, how it might help
Published on Feb 07, 2021 11:50 pm IST
Union Finance Minister spoke on the decision to set up a 'bad bank' in the 2021 Union Budget. Nirmala Sitharaman said that the 'solution' was driven by the banking industry, and not the government. A 'bad bank' would take over stressed assets from lenders, hence helping to clean up their books. Watch the full video for more.
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