Finance Minister Nirmala Sitharaman will hold a review meeting with heads of banks and NBFCs on Thursday for smooth and speedy implementation of the one-time debt recast for resolution of COVID-19 related stress in bank loans.
The finance minister will review the implementation of the resolution framework for COVID-19 related stress in bank loans on Thursday with the top management of scheduled commercial banks and NBFCs.
Anand (Gujarat): The Reserve Bank of India (RBI) Governor, Raghuram Rajan, has said that the Central bank is ready to give banks more flexibility in restructuring of stressed loans if it facilitates recovery of stalled
New Delhi: Stating that the overall asset restructuring in the banking system has touched Rs 3.25 lakh crore as of June, RBI Executive Director B Mahapatra on Saturday said loan recast has gone "out of
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