......Once the RBI disallows regulatory forbearance, banks may balk at restructuring loans as they will not have the benefit of relaxed asset classification and provisioning norms, say bankers. The RBI working group, which is working at aligning prudential guidelines on restructuring of loans in India with international prudential measures, has said that in view of the current domestic and global economic situation, the RBI may get banks to adopt the global best practices on loan restructuring after two years.......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment