Bank NPA crisis a big opportunity? For these foreign banks, there is
Foreign banks such as Bank of America Merrill Lynch and Deutsche Bank are keen to buy out non-performing assets (NPAs) from Indian banks. They are in active discussion with Indian banks to take over some loans that have come to the National Company Law Tribunal (NCLT) and stressed assets that have the potential to be taken over and revived.
Foreign banks such as Bank of America Merrill Lynch and Deutsche Bank are keen to buy out non-performing assets (NPAs) from Indian banks. Image source: Reuters