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Banks sell Rs 10000 crore of bad loans to ARCs in March – Economic Times

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Economic Times

Banks sell Rs 10000 crore of bad loans to ARCs in March
Economic Times
MUMBAI: Faced with unprecedented levels of stressed assets, banks led by the country's largest lender SBI sold over Rs 10,000 crore of bad loans to asset reconstruction companies (ARC) in March alone. "This single-month figure is higher than any other ...

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