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আভা Profile picture
আভা
@AbhaBaruah01
অসমীয়া ! Engineer Turned Banker ! I have tried black coffee with Vodka ! Weird ? May be !
Sep 22, 2021 • 15 tweets • 4 min read
Putting up a thread on National Asset Reconstruction Company (#NARCL) aka #badbank . Why government is setting this up? How effective this could be to tackle the issue of much rising #NPAs. Tried to simplify as much as I could. Please do retweet for wider outreach. 1/n
 Story starts with NPA-Non-Performing Assets. A bad loan is a NPA for which EMI or interest hasn't been paid for 90 or more days after the due date.PSU banks usually give loans without even doing the background check-without checking credit history.