........ “If you are rushing to do a TEV report, the quality will be poor,” another senior banker at a large public sector bank pointed out. He also highlighted the fact that not all banks have board meetings often enough to be able to discuss the cases. Sources told FE the Indian Banks' Association had already sounded out the RBI requesting the regulator to review the timelines. Typically, borrowers tend to pay up on the 89th day to avoid the NPA tag. With JLFs in action, customers have started paying up on the 59th day, a banker said......
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