Explanation:

Project Sashakt
* Project Sashakt is a five-pronged strategy to resolve bad loans.
* With the larger ones going to an asset management company (AMC) or an alternative investment fund (AIF).
The panel under the chairmanship of Punjab National Bank (PNB) nonexecutive chairman Sunil Mehta has recommended an asset management company/alternative investment fund (AIF)-led resolution approach to deal with NPA cases of more than Rs 500 crore.
• The panel has also suggested a plan for dealing with bad loans up to Rs 50 crore. Under the SME Resolution Approach (SRA),
loans up to Rs 50 crore would be dealt using a template approach supported by a steering committee.
• The panel has recommended that the resolution should be nondiscretionary and completed in a time bound manner within 90
days.
• The Mehta committee has proposed a Bank Led Resolution Approach (BLRA) for loans between Rs 50 and Rs 500 crore.
This segment has an exposure of cover Rs 3 lakh crore.