Bad loans: SC gives RBI a week to reply on expert panel report
The apex court had in November last year observed that the disclosure of names of big loan defaulters who owe Rs 500 crore and more to banks, would not lead "anywhere" as the important issue was to address "root cause" of accumulation of the non-performing assets (NPAs).
Jul 17, 2017, 20:29 PM ISTGovt to push Banking Regulation Bill in Monsoon Session
The government in May promulgated an ordinance authorising the Reserve Bank to issue directions to banks to initiate insolvency resolution process in case of loan default.
Jul 11, 2017, 14:54 PM IST