Last year, a spate of action by enforcement authorities resulted in many large borrowers being red-flagged. The RBI is now pushing banks to take a call on these loans. The red-flag account concept was introduced by the RBI to get banks to act on early warning signals, which include raids by regulatory and tax authorities.source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-nudges-banks-to-decide-if-red-flagged-accounts-are-fraud/articleshow/76503382.cms
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