What advantages does this new framework have for banks?
Answer (1)
30th Nov, 2022
It will encourage more rapid action to resolve stressed assets, resulting in higher value realization. Additionally, this strategy will enable bank staff to devote more time to boosting revenue and credit expansion. Banks will profit because they are the owners of these SRs ( Security Receipts) and stressed assets. Additionally, it will improve bank valuation and increase their capacity for raising market money.
Comments (0)
