Will Resolution Corporation be set up ?
If Financial Resolution and Deposit Insurance Bill - 2017 , which is likely to be tabled in the Parliament during the winter session, passes than a new Resolution Corporation would be set up under the Ministry of Finance. The Corporation will not only review the financial health of a sick bank but a
If Financial Resolution and Deposit Insurance Bill - 2017 , which is likely to be tabled in the Parliament during the winter session, passes than a new Resolution Corporation would be set up under the Ministry of Finance. The Corporation will not only review the financial health of a sick bank but also give advice how to improve NPA of a sick bank.
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