Lendors: Current Affairs, GK & News - 2020-2021

RBI Proposes New Norms for Debt Resolution

Published: June 8, 2019

The Reserve Bank of India (RBI) has proposed new norms under Prudential framework for resolution of stressed assets for debt resolution after the earlier one was struck down by the Supreme Court. New Norms New norms are applicable for loan accounts with exposure of Rs 2,000 crore and above. For loan accounts of Rs 1,500 ..