‘New NPA norms offer a big breather’
   Date :11-Jun-2019
 
Analysts at rating agency Crisil and American brokerage BofA-ML on Monday termed the new bad loan resolution framework issued over the weekend as “balanced” as it gives a big breather to both banks and stressed companies.
 
Terming the new stressed asset resolution framework, issued by the monetary authority last Friday, after the Supreme Court had struck down its more stringent circular issued on February 12, 2018, as a “balanced” regulation, Crisil said the immediate breather will be for the power sector companies.