Millennium Post

Goyal to meet heads of banks today to discuss NPA resolution

New Delhi: Finance Minister Piyush Goyal will meet heads of banks on Thursday to discuss an inter-lender structure suggested under the 'Project Sashakat' that intends to fastrack resolution of stressed assets in the banking system.

The meeting is likely to formalise the inter-creditor agreement structure as suggested in the five-pronged 'Project Sashakat', sources said.

The meeting has been organised by Indian Banks Association (IBA) and inter creditor agreement would be the framework under which the consortium would take up NPA cases.

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