How good are Bad Banks and does India really need a Bad Bank?
Finance

How good are Bad Banks and does India really need a Bad Bank?

When a certain organ in the body doesn’t work, doctors tend to remove it for the patient to survive. When we eat something, which is difficult to digest, our body throws up. A rotten apple in a basket must be removed to save other apples from getting spoiled. This is what one bad bank does for the other banks of the economy.

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