Contact Us: 01282 426380
KM Financial Solutions | UPDATE 1-India’s central bank announces new bad-loan-resolution framework
9847
post-template-default,single,single-post,postid-9847,single-format-standard,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-child-theme-ver-1.0.0,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive
 

UPDATE 1-India’s central bank announces new bad-loan-resolution framework

11 Feb UPDATE 1-India’s central bank announces new bad-loan-resolution framework

Posted at 18:44h in News by
0 Likes
MUMBAI, Feb 12 (Reuters) – India’s central bank late on
Monday tightened its rules around bank loan defaults, seeking to
push more large loan defaulters toward bankruptcy courts and
abolishing half a dozen existing loan-restructuring mechanisms,
in its latest bid to accelerate resolution of the bad loans
problem at Indian banks.

No Comments

Sorry, the comment form is closed at this time.