Tuesday, April 2, 2013

Lenders want higher provision on recast loan to be deferred


The Reserve Bank of India (RBI) will meet the country’s top bankers on 4 April for the pre-policy discussions in which the later will request deferring of the higher provisioning norms that comes to effect from 1 April. RBI Governor D Subbarao, along with four deputy governors, will meet the bankers for the pre-policy interaction. The annual monetary policy review of RBI will be announced on 3 May...........


Read | Business Standard

No comments: