..........The report says the RBI will force banks to profile a borrower at the very first instance of a default. Further, a panel of lenders’ consortium will vet decisions taken on loans of Rs 100 crore or more. This move is expected to curb restructuring. Another step being considered is giving incentives to banks which identify potential NPAs early on. The norms being mulled are pre-emptive in nature. They are aimed at encouraging banks to spot an NPA early on and taking necessary measures. But that is not all. They also have pointers to the government..........
Read............
No comments:
Post a Comment