Sunil Mehta Panel on NPAs submits its report with recommendations to FM

The Sunil Mehta committee which was formed with a view to tackle Non-Performing Assets (NPAs) and creating credit capacity submitted its report with recommendations to Finance Minister Piyush Goyal on Monday. Briefing reporters in New Delhi, Mr Goyal said, the Sunil Mehta panel presented project 'Sashakt' and has recommended a five-pronged strategy to deal with stressed assets.  He said, the plan focuses on turning around assets in a manner that will create additional jobs by r...