Tuesday, February 2, 2021

Sitharaman's bad bank plan sparks concern loan prices could be inflated

There are many details about the bad bank that policy makers haven’t clarified, including its ownership structure, which makes any analysis challenging. But if the firm is owned by lenders including ones that originated soured assets bought at lower prices, that could force those banks to mark down the value of the securities they receive in exchange.

from Economy-News-Economic Times https://ift.tt/3rmga85

No comments:

Post a Comment

Technew

It's the latest in a series of restrictions imposed by the Vietnamese government on social media users. from BBC News - Technology htt...