Wednesday, April 25, 2012

PSU banks loan restructuring faulty? NPAs decline

The Reserve Bank of India (RBI) has observed certain deficiencies in compliance of its guidelines on restructuring of loans by state-owned banks during annual inspection, the government today said. Some of the deficiencies observed during the Annual Financial Inspection (AFI) by RBI of the public sector banks (PSU banks) include repeated restructuring and non-classification as per record of recovery,..........

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