Bad loan resolution process will take time: Jaitley

NEW DELHI, Aug 31:Jaitley says the fact that money got deposited in banks does not make it legitimate money.

Finance Minister says demonetisation to benefit in medium and long term even if it hits GDP in two or three quarters.

Fallout expected out of demonetisation is on predicted lines, says Jaitley. Bad loan resolution process will take time, cannot have a

surgical solution to it, says Jaitley. Private sector will have to pay up, or let someone else

take over said FM says on bad loans. (agencies)