Author
Managing Partner at investment banking firm Brescon & Allied Partners LLP. He is a specialist in the fields of financial turnaround, recapitalization, debt resolution and divestments. In the past he has served on the board of many public listed companies such as Welspun Corp, VIP Industries, Windsor Machine and MSK Projects and so on.
The banks have been given time till March 31, 2017 by RBI to clean up their books while the gross non performing assets have reportedly ballooned to over Rs 5.5 lakh crore by end of March 2016
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