Start learning →

What is another name for a bad bank in NPL management?

AMerchant banking firm
BSmall payment bank
CAsset Management Company
DCooperative land bank
Answer & Solution
Correct answer: C. Asset Management Company
A bad bank is an Asset Management Company that uses public or bank funds to remove NPAs from bank books.
Practise this question with Quill — CA Inter →

Keep practising Audit of Banks

Browse all Audit of Banks questions for CA Inter, or explore more Auditing topics.

Start a Audit of Banks lesson →
Related questions