Bankers await regulator's nod on revised bad bank structure
Financial Express Mumbai|January 22, 2022
BANKS ARE WAITING to hear from the Reserve Bank of India (RBI) on the revised structure for the bad bank proposed by the Indian Banks' Association (IBA).
SHRITAMA BOSE

BANKS ARE WAITING to hear from the Reserve Bank of India (RBI) on the revised structure for the bad bank proposed by the Indian Banks' Association (IBA). According to three bankers in the know, the industry has offered to structure a principal-agent relationship between the National Asset Reconstruction Company (NARCL) and the India Debt Resolution Company (IDRCL) and the central bank's nod is expected any day now.

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