Bank unions AIBOC and AIBEA have opposed the Reserve Bank's move to allow lenders to settle loans of wilful defaulters under compromise settlement.The RBI's recent 'framework for compromise settlements and technical write-offs' is a detrimental step that may compromise the integrity of the banking system and undermine the efforts to combat wilful defaulters effectively, unions said in a joint statement.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lQ4brCT
Subscribe to:
Post Comments (Atom)
Economic growth likely to pick up on festive, rural demand: RBI
India's economic growth is expected to improve in the latter half of FY25, driven by festive activity, rural demand, and agricultural gr...
-
Collecting Lego — yes, the plastic toys made of interlocking bricks that become cars and castles and robots —returned more than large stocks...
-
A woman, in her early 20s, was stabbed to death by a man in southeast Delhi's Bhogal area on Friday evening, following which the accused...
-
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2VEK8DU...
No comments:
Post a Comment