Piyush Goyal announces committee for faster resolution of stressed

Updated:5 months, 1 week ago IST

Mumbai, Jun 08 (ANI): Union Finance Minister Piyush Goyal on Friday announced setting up of a committee to give recommendations in two weeks on the formation of an Asset Reconstruction Company for faster resolution of stressed accounts. The committee will be under the helm of non-executive chairman of Punjab National Bank (PNB) Sunil Mehta. It will make recommendations in two weeks on setting up of an Asset Reconstruction Company or Asset Management Company for faster resolution of stressed accounts.

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