15% Cash Payment Will Be Made to Banks for NPAs Based on Some Valuation, 85% Will Be Given ... - Latest Tweet by ANI
The latest Tweet by ANI states, '15% cash payment will be made to banks for NPAs based on some valuation, 85% will be given as Security Receipts. For Security Receipts to have their value intact, Govt has to give a backstop arrangement, hence the govt guarantee of Rs. 30,600cr cleared by Union Cabinet: FM'
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