Banks are facing a resurgence of bad assets in the aftermath of COVID-19. As announced in the budget speech of 2021, a bad bank will help to segregate the existing stock of bad assets from the good so that banks can focus on fresh lending.
Stressed assets disposal has become one of the key measure to reduce the mounting NPA pressure on financial institutions. Artha has partnered with channel partners and investors to sell such assets. Artha has signed up with Quikr Realty Ltd as Business Associate on an exclusive basis for Tamilnadu. Predominantly focussing Stressed Assets and Govt Auctioned assets
