reverse discrimination. indian tarp applies to psu banks. recycling statutory obligations into equity on the balance sheet. private sector banks are not immune to the rbi aqr (asset quality review) and are co lenders into the same eco system, co holders of the same challenged credits, and soon to be participants in the same insolvency processes which will require greater npa recognition. the prayed for next or last buyer is the private equity and distressed asset community that is 10-15 cents bid in a market that is at best 1/4 recognized and 50 % reserved. the $32 billion promise is not enough
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