12/10/2017: NEWS: IBC cases: Govt in talks with RBI to relax provisioning norms

Published: 12/10/2017
12/10/2017: NEWS: IBC cases: Govt in talks with RBI to relax provisioning norms
Source: EPAPER.LIVEMINT.COM

The government and commercial banks are seeking a relaxation of provisioning requirements on accounts identified for bankruptcy proceedings, seeking to free up capital and boost credit growth. The finance ministry is in talks with the Reserve Bank of...

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