Shaktikanta Das, the Reserve Bank of India (RBI) Governor, attends a news conference in Mumbai, December 12, 2018. REUTERS/Danish Siddiqui/File Photo MUMBAI (Reuters) - The Reserve Bank of India (RBI) ...
The Reserve Bank on Wednesday proposed a framework to enable securitisation of stressed assets through a market-based mechanism, in addition to the existing asset reconstruction company (ARC) route.
MUMBAI (Reuters) - The Reserve Bank of India diluted its guidelines on stressed assets and has now mandated banks to undertake a review of a borrower's accounts within 30 days of default, according to ...
Setting up of a 'bad bank' can accelerate the resolution of stressed assets in the banking sector but that would also require a credible capital infusion plan by the government, Fitch Ratings said on ...
MUMBAI (Reuters) - The Reserve Bank of India (RBI) said on Thursday it would issue a revised circular on the resolution of stressed assets after the Supreme Court this week struck down its earlier ...