....... "The principal amount of loans is Rs 350 crore and accumulated interest is Rs 1,600 crore. Despite our initiative, no defaulter has responded positively to the appeal to join the OTS and to make the payments. The bank has good deposits, but due to low recovery of outstanding loans, the ratio of erosion of deposit is 30%. Unless we bring it down to 20%, there is no hope of the bank coming back on track."..........
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